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I If the Coefficient of Correlation Is -0

question 17

Multiple Choice

i. If the coefficient of correlation is -0.81, what is the coefficient of determination? ii. If the value of r is -0.96, what does this indicate about the dependent variable as the independent variable increases?
iii. If the correlation between sales and advertising is +0.6, what percent of the variation in sales can be attributed to advertising?

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Expected Rate

Anticipated return or yield on an investment or financial instrument, often based on historical data or statistical analysis.

Fidelity Mutual

An investment firm known for offering mutual funds and other financial products and services to its clients.

Four-Year Annuity

A financial product that provides a series of equal payments over a period of four years to the holder.

Annual Payments

Recurring payments made once a year, often related to loans, leases, or other financial obligations.

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