Which of the Following Correlation Coefficients Represents the Variables with the Weakest

question 27

Multiple Choice

Which of the following correlation coefficients represents the variables with the weakest degree of relationship?

• A)+.99
• B)-1.00
• C)+.01
• D)-.59

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Definitions:

Unit Cost

The expenses associated with manufacturing, warehousing, and distributing a single unit of a product or service.

Payroll Taxes

Charges applied to employers or their workers, typically measured as a fraction of the earnings paid by companies to their employees.

Direct Labor

The labor costs of workers who are directly involved in the production of goods or the rendering of services.

Direct Labor Hour

A measure of the amount of time workers spend directly manufacturing a product.