If Two Interval/ratio Variables, Such as Customer Satisfaction and Affective

question 15

Multiple Choice

If two interval/ratio variables, such as customer satisfaction and affective commitment, were perfectly positively correlated they would give a correlation coefficient of?

• A) -0.33
• B) +1
• C) + 0.88
• D) -1

Understand the strategies for ensuring the consistency and quality of service delivery.

Understand the concept of subrogation and its application in insurance claims.

Grasp the importance of disclosing relevant facts to insurers and the consequences of nondisclosure.

Learn how co-insurance clauses affect claims and indemnity payments.

---

Definitions:

Total Revenues

The complete amount of income generated by a company through its various business activities.

Market Supply Curve

A graphical representation that shows the relationship between the price of a good and the total output that producers are willing and able to sell at that price.

Acceptable Prices

Prices that consumers feel are fair for products or services, and are willing to pay.

Total Revenues

The overall amount of money received by a firm from sales of its products or services, before any costs are deducted.