A Correlation Coefficient of 0

question 15

Multiple Choice

A correlation coefficient of 0.0 indicates what about the relation between two variables?

• A)The two variables are directly related.
• B)The two variables are inversely related.
• C)The two variables are completely unrelated.
• D)This coefficient indicates which variable was the "cause" and which the "effect."

---

Definitions:

Account Balances

The amount of money in a financial repository at any given moment, reflecting the net of debits and credits over time.

Documentation

Written or digital materials that provide official information or evidence regarding processes, transactions, or systems.

Journalizing

The process of recording transactions in a journal so that their effects are reflected in the accounting records.

Transaction Data

Information collected about each specific activity that takes place within a business, which can be used for various financial and management analysis purposes.