When Two Variables Are Not Related,the Correlation Coefficient Will Be

question 169

Multiple Choice

When two variables are not related,the correlation coefficient will be close to

• A)-10.
• B)-1.
• C)0.
• D)+1.

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Definitions:

Assets Reporting

The process of documenting and disclosing the value and details of a company’s assets in financial statements.

Net Assets

The total value of all a company's assets after subtracting liabilities; an indication of the company's net worth.

GAAP

Generally Accepted Accounting Principles, a common set of accounting principles, standards, and procedures that companies must follow when they compile their financial statements in the United States.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) aimed at providing a global framework for financial reporting.