For Each, Consider the Information the Correlation Provides

question 15

Multiple Choice

For each, consider the information the correlation provides.
-Kenji reported a correlation of -.85 between hours spent in community service and adolescent drug use. This finding suggests that

• A) there is no relationship between community service and adolescent drug use.
• B) the more community service one performs the more likely one is to use drugs.
• C) the more community service one performs the less likely one is to use drugs.
• D) Kenji has calculated the correlation incorrectly because he has a negative number.

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Definitions:

Final Forecast

The last projection made about a variable of interest, such as sales or market trends, before actual data replaces estimates.

Indirect Forecast

Indirect forecast refers to a method of predicting future outcomes or trends based on related but not directly connected indicators, rather than directly observing the phenomenon being forecasted.

Sales Forecasting Techniques

Methods used to estimate the future sales of a product or service over a specific period, based on historical data, market analysis, and other factors.

Heuristic Prognostications

Forecasting or predictions made based on educated guesses or experiential rules rather than formal methods.