Which of the following statements about correlation is incorrect?
A) If two variables are statistically independent of each other, their correlation coefficient is zero.
B) Negatively correlated investments offer the best opportunities for diversification.
C) If two investments are perfectly correlated, their correlation coefficient is +1.
D) The risk of fire is positively correlated with the risk of traffic accidents.
D
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When evaluating alternatives, what type of costs should be considered?
A. Relevant costs B. Fixed costs C. Prevention costs D. Sunk costs
Answer the following statements true (T) or false (F)
1. The basic definition of discrimination indicates that it is a negative act. 2. Physical attributes are typically part of the permanent diversity dimension. 3. Self-categorization theory suggests that most people develop ideas about themselves independent of their social groups or others. 4. Immigration provided the driver for transformation from an indigenous to a nonindigenous population in the U.S. 5. Both fairness and respect for others is required for making ethical decisions at work.
What type of property would be considered community property if it had been
acquired while the married couple were living in a community property state? a. Separate property b. Community property c. Quasi-community property d. All of the above
Describe the conditions that would exist if a company is said to be experiencing entrenched management and the disadvantages of this type of management structure.
What will be an ideal response?