Author Question: If two variables are highly correlated, it not only means that they are linearly related, it also ... (Read 183 times)

Pea0909berry

  • Hero Member
  • *****
  • Posts: 573
If two variables are highly correlated, it not only means that they are linearly related, it also means that a change in one variable will cause a change in the other variable.
 
  Indicate whether the statement is true or false

Question 2

The Gilbert Company chief financial officer has been tracking annual sales for each of the company's three divisions for the past 10 years.
 
  At a recent meeting, he pointed to the annual data and indicated that it clearly showed the seasonality associated with its business. Given the data, this statement may have been very appropriate. Indicate whether the statement is true or false



whitcassie

  • Sr. Member
  • ****
  • Posts: 298
Answer to Question 1

FALSE

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

For a complete list of videos, visit our video library