Define and distinguish among positive? correlation,negative? correlation, and no correlation. How do we determinethe strength of a?
Question:
Define and distinguish among positive? correlation,negative? correlation, and no correlation. How do we determinethe strength of a? correlation?
Define positive correlation. Choose the correct answerbelow.
A.
Positive correlation means that both variables tend toincrease? (or decrease) together.
B.
Positive correlation means that there is a good relationshipbetween the two variables.
C.
Positive correlation means that two variables tend to change inopposite? directions, with one increasing while the otherdecreases.
D.
Positive correlation means that there is no apparentrelationship between the two variables.
Define negative correlation. Choose the correct answerbelow.
A.
Negative correlation means that there is no apparentrelationship between the two variables.
B.
Negative correlation means that two variables tend to change inopposite? directions, with one increasing while the otherdecreases.
C.
Negative correlation means that there is a bad relationshipbetween the two variables.
D.
Negative correlation means that both variables tend toincrease? (or decrease) together.
Define no correlation. Choose the correct answer below.
A.
No correlation means that there is no apparent relationshipbetween the two variables.
B.
No correlation means that the two variables are always zero.
C.
No correlation means that both variables tend toincrease? (or decrease) together.
D.
No correlation means that two variables tend to change inopposite? directions, with one increasing while the otherdecreases.
How do we determine the strength of a? correlation?
A.
The more closely two variables follow the general? trend,the stronger the correlation? (which may be positiveor? negative).
B.
Negative correlation is stronger than no correlation. Positivecorrelation is stronger than negative correlation.
C.
No correlation is stronger than negative correlation. Positivecorrelation is stronger than no correlation.
D.
The more closely two variables follow the general? trend,the weaker the correlation? (which may be positiveor? negative).
International Money and Finance
ISBN: 978-0123852472
8th edition
Authors: Michael Melvin, Stefan C. Norrbin