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    Business
  3. Study Set
    A Step by Step Introduction to Statistics for Business
  4. Exam
    Exam 12: Correlation R and Regression Y BX A
  5. Question
    If the Correlation Between Sales and Profit Is
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If the Correlation Between Sales and Profit Is

Question 6

Question 6

Multiple Choice

If the correlation between sales and profit is .7, what percentage of variance in sales is unshared with variance in profit?


A) 70%
B) 30%
C) 49%
D) 51%

Correct Answer:

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