If Two Variables Were Perfectly Correlated,what Would the Coefficient of Correlation

question 114

Multiple Choice

If two variables were perfectly correlated,what would the coefficient of correlation r equal?

• A)0
• B)-1
• C)1
• D)B or C
• E)none of the above

Understand the use of nonfinancial measures in lean manufacturing.

Recognize the importance of quality control costs in a lean environment.

Identify the application of lean practices to service industries and administrative processes.

Understand the principles and objectives of lean manufacturing.