If We Compute a Correlation on Data That Come Only

question 38

Multiple Choice

If we compute a correlation on data that come only from the middle of the X distribution (restricted range) rather than from the entire range,the correlation is likely to be _____ the correlation from the entire range.

• A)smaller than
• B)the same as
• C)a little larger than
• D)a lot larger than

---

Definitions:

Assets

are resources owned by a business, having economic value and expected to provide future benefits.

Cash

A form of liquid asset representing money in physical or digital form that can be readily used for transactions.

Services Rendered

Refers to the completion of work or the delivery of a service for which payment is due.

Credit

An accounting entry that either increases a liability or equity account or decreases an asset or expense account.