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Suppose That There Is a Perfect Negative Correlation Between the Amount

Question 149

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Suppose that there is a perfect negative correlation between the amount of money that Jane spends and the amount of money that she has in her bank account: for every dollar that she spends, she has exactly one less dollar in her bank account (assuming no interest, fees, or credits) . Thus the correlation between Jane's spending and savings can be represented as ____.


A) rr = -100
B) rr = -1.00
C) rr = 0.00
D) rr = 100

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