Multiple Choice
What is the difference between a correlation equal to -1 and a correlation equal to 0?
A) A correlation equal to -1 means two alternatives are moving in the same direction, whereas a correlation of 0 means they are moving in opposite directions.
B) A correlation equal to -1 means two alternatives are moving in the same direction, whereas a correlation of 0 means they are unrelated.
C) A correlation equal to -1 means two alternatives are moving in opposite directions, whereas a correlation of 0 means they are moving in the same direction.
D) A correlation equal to -1 means two alternatives are moving in opposite directions, whereas a correlation of 0 means they are unrelated.
Correct Answer:

Verified
Correct Answer:
Verified
Q3: The following computer printout estimated overhead
Q4: The following information was available about
Q6: A coefficient of determination of 0.91 means<br>A)the
Q7: _ is a measure of the percent
Q9: In the formula Y = a +
Q10: The coefficient of determination is<br>A)a measure of
Q11: Given the cost function, Y = £10,000
Q12: Figure 23-2<br>The following information is available
Q13: Figure 23-3<br>Abboud Company is planning to introduce
Q26: What does a correlation coefficient near +1