Author Question: If two variables are highly correlated, it not only means that they are linearly related, it also ... (Read 174 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?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

For a complete list of videos, visit our video library