q27- Which of the following related to the Correlation coefficient (r) are true? Select one: a. r = +1: a perfect linear relationship exists between the two variables b. r > 1: a non-linear relationship between the two variables c. r = 0: a weak linear relationship between the two variables d. r = -1: no linear relationship exists between the two variables
q27- Which of the following related to the Correlation coefficient (r) are true? Select one: a. r = +1: a perfect linear relationship exists between the two variables b. r > 1: a non-linear relationship between the two variables c. r = 0: a weak linear relationship between the two variables d. r = -1: no linear relationship exists between the two variables
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter3: Cost Behavior And Cost Forecasting
Section: Chapter Questions
Problem 15MCQ: (Appendix 3A) In the method of least squares, the coefficient that tells the percentage of variation...
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q27-
Which of the following related to the Correlation coefficient (r) are true?
Select one:
a.
r = +1: a perfect linear relationship exists between the two variables
b.
r > 1: a non-linear relationship between the two variables
c.
r = 0: a weak linear relationship between the two variables
d.
r = -1: no linear relationship exists between the two variables
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