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    Management and Cost Accounting
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    Exam 23: Cost Estimation and Cost Behaviour
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    If the Coefficient of Correlation Between Machine Hours and Utilities
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If the Coefficient of Correlation Between Machine Hours and Utilities

Question 34

Question 34

Multiple Choice

If the coefficient of correlation between machine hours and utilities cost is equal to 0.98 (r = 0.98) , the correlation is


A) positive.
B) negative.
C) not related.
D) none of the above.

Correct Answer:

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