If there is a very strong correlation between two variables, then the coefficient of correlation must be _____
a. much larger than 1, if the correlation is positive
b. much smaller than 1, if the correlation is negative
c. either much larger than 1 or much smaller than 1
d. None of the answers is correct.
d
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What is true of validity?
A. Validity measures the level of cultural fit. B. Validity can only be measured in one way. C. Validity identifies how free a measurement is from random error. D. Validity cannot be explained using correlation coefficients. E. Validity ensures the fairness of employment practices during selection procedures.
The "law of large sample size" refers to:
A) confusing the size of the sample with the representativeness of the sample B) the industry standard referring to the need for a sample size of 500 respondents C) the industry standard that the accuracy benefits of excessively large samples are typically greatly justified by their increased costs D) calculating the restrictive power of the sample to 95% or more E) all of the above
The following information relates to Zync Corporation: Current assets $200,000 Current liabilities $150,000 Long-term assets $600,000 Long-term liabilities $400,000 ? Based on the information given above, the net working capital of the company is:
A. $250,000. B. $50,000. C. $350,000. D. $10,000,000. E. $650,000.
A large load of KitchenAid blenders is shipped to a large regional warehouse of a major retailer. The received shipment pallets are broken down, so that two blenders may be shipped to one store, another 3 shipped to a second store and so on. Such a technique is known as
A) consolidation warehousing. B) cross docking. C) break bulk facilities. D) hub and spoke system.