In a Regression the Following Pairs of (X, Y) Are

question 64

Multiple Choice

In a regression the following pairs of (x, y) are given: (4, 1) , (4, -1) , (4, 0) , (4, -2) and (4, 2) . Which of the following statements may be deduced from the given information?

• A) The correlation coefficient is -1.
• B) The correlation coefficient is 0.
• C) The correlation coefficient is 1.
• D) The coefficient of determination is between -2 and 2.

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Definitions:

Inventory Turnover

A ratio that measures how many times inventory is sold and replaced over a certain period, used to evaluate the efficiency of a company's inventory management.

Average Collection Period

The average number of days it takes for a company to receive payments owed by its customers.

Collection Policies

Guidelines established by a business to manage the collection of accounts receivable or debts owed to it.

Subsidiary Ledger

a detailed ledger that contains the financial transactions of a specific subsidiary account, summarizing its details, and supporting the general ledger.