Cost Accounting Question:
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Define the coefficient of correlation When in a negative amount?

Cost Accounting Interview Question
Cost Accounting Interview Question

Answer:

When the coefficient of correlation is negative, such as -0.80, there is an inverse relationship. An increase in the independent variable will mean a decrease in the dependent variable. A decrease in the independent variable will mean an increase in the dependent variable.

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Define the coefficient of correlation When in a positive amount?Define the coefficient of correlation, When coefficient of correlation is squared?