If the Coefficient of Correlation Is 1

question 36

True/False

If the coefficient of correlation is 1.0,then the coefficient of determination must be 1.0.

---

Definitions:

Shareholder Value

The worth delivered to shareholders due to management's ability to grow sales, earnings, and dividends over time.

Business Costs

All expenses incurred in the operation of a business, including manufacturing, marketing, and administrative expenses.

Fixed

A term describing costs or payments that do not change in amount over a certain period, regardless of production levels, business activity, or other factors.

Variable

In the context of mathematics or statistics, a symbol that represents an unknown or changeable quantity.