Given the Least Squares Regression Line , and a Coefficient

question 201

Multiple Choice

Given the least squares regression line , and a coefficient of determination of 0.81, the coefficient of correlation is:

• A) -0.66
• B) 0.81
• C) -0.90
• D) 0.90

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Definitions:

Open Account

A credit arrangement where the buyer pays the seller for goods or services at a later time, without the need for a formal loan agreement.

Owner's Equity

The total value of assets owned by the proprietorship after all debts and liabilities have been settled; essentially the net worth of a company.

Liabilities

Financial obligations or debts owed by a business to others, which must be settled over time through the transfer of economic benefits including money, goods, or services.

Assets

Assets are possessions or property that a company owns or controls, anticipated to yield benefits in the future.