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School

Karachi School for Business & Leadership *

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123

Subject

Economics

Date

Nov 24, 2024

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1

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Question 1 Determine whether the following statements are true or false. 4 / 4 pts The value r = (.782 indicates a stronger correlation than a value r = —(0.822. False The coefficient of determination is found by squaring the correlation coefficient. [ Select ] If there is a strong correlation between two variables, we can conclude that the explanatory (independent) variable is causing the response (dependent) variable. [ Select ) If there is a positive linear relationship between two variables, we expect as one variable increases, the other will increase as well. [ Select ]
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