Consider the Following to Answer the Question(s) Below

question 18

Multiple Choice

Consider the following to answer the question(s) below:
A small independent organic food store offers a variety of specialty coffees. To determine whether price has an impact on sales, the managers kept track of how many kilograms of each variety of coffee were sold last month. The data, scatterplot and summary statistics are shown below.

-A regression on a pair of variables, x and y, results in the value of R2 equal to 0.7834. Which of the following statements is true?

• A) The correlation between x and y must be 0.7834.
• B) The correlation between x and y must be -0.8851.
• C) The correlation between x and y must be -0.7834.
• D) The correlation between x and y must be either 0.8851 or -0.8851.
• E) The correlation between x and y must be 0.8851.

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Definitions:

Ethics Officer

A professional responsible for fostering a culture of ethical conduct within an organization, including developing policies, training, and advice on ethics and compliance issues.

Ethics Standards

Guidelines or codes designed to set out acceptable behaviors and help individuals make moral decisions in their personal and professional lives, aiming to uphold integrity and honesty.

Disciplinary Action

A process or measure taken by an organization or authority to address and correct inappropriate behavior or violations of policies or rules.

Values Orientation

The emphasis on core principles and morals that guide behavior within an organization or society, impacting decision-making and priorities.