Correlation Coefficients May Be Computed for Parametric and Nonparametric Data

question 85

Multiple Choice

Correlation coefficients may be computed for parametric and nonparametric data.If the data are interval data, which of the following should be used?

• A)Pearson correlation coefficient
• B)Spearman correlation coefficient
• C)Gaussian correlation coefficient
• D)De Moivre correlation coefficient
• E)Gossett correlation coefficient

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Definitions:

NCI

Non-Controlling Interest, a minority shareholding in a subsidiary not owned by the parent company, reflecting those shareholders' claim on assets and earnings.

Disclosure

The provision of financial and other significant information about a company to its stakeholders, typically through financial statements and notes, to facilitate informed decision-making.

Subsidiary

A company that is controlled by another company, typically referred to as the parent company.

Intragroup Transaction

Financial transactions that occur between two entities within the same group, not affecting the financial position of the group as a whole when consolidated.