The coefficient of correlation r is a number that indicates the:
a. direction of the relationship between the dependent variable y and the independent variable x.
b. strength of the relationship between the dependent variable y and the independent variable x.
c. proportion of the variation in the dependent variable y that is explained by the independent variable x.
d. Only A and B are correct.
e. A, B, and C are all correct.
D
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The Leontief paradox provided
a. support for the principle of comparative advantage. b. support for the factor-endowment theory. c. evidence against the factor-endowment theory. d. evidence against the principle of comparative advantage.
Negligent persons are generally held jointly liable (along with the negligent physician) for negligent medical care their victims receive for their injuries. This is true according to:
A. proximate cause. B. res ipsa loquitur. C. intentional tort. D. the general causation rules.
Which of the following is true of budgeting the marketing strategy?
A. The marketing budget will depend on one factor-the size of the business. B. Budgeting the marketing strategy is easier for new ventures than for established companies. C. The budgeting of marketing action and strategy decisions will be useful in preparing the financial plan. D. A marketing budget should be somewhere between 12 and 20 percent of projected overhead costs.
As the capital budgeting director for Chapel Hill Coffins Inc., you are evaluating construction of a new plant
The plant has a net cost of $5 million in Year 0 (today), and it will provide net cash inflows of $1 million at the end of Year 1, $1.5 million at the end of Year 2, and $2 million at the end of Years 3 through 5. Within what range is the plant's IRR? A) 14-15% B) 15-16% C) 16-17% D) 17-18% E) 18-19%