The Pearson Coefficient of Correlation R Equals One When There

question 74

Multiple Choice

The Pearson coefficient of correlation r equals one when there is no:

• A)linear relationship between x and y.
• B)unexplained variation.
• C)y-intercept in the model.
• D)slope in the model.

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Definitions:

Parity

The state of being equal or equivalent in terms of value, status, or quantity.

Government Price Supports

Financial subsidies or regulation mechanisms employed by governments to maintain the market price of a commodity or service above market level.

Rationale

The underlying reason or logical basis for a decision, action, or belief, often used in argumentation or analysis.

Freedom To Farm Act

A law passed in 1996 that revamped 60 years of U.S. farm policy by ending price supports and acreage allotments for wheat, corn, barley, oats, sorghum, rye, cotton, and rice.