What can be concluded from the fact that the correlation coefficient between the

Question

What can be concluded from the fact that the correlation coefficient between the acceptance rate at the top 100 U.S. MBA programs and the percent of students in those programs who are employed upon graduation is -0.32 O On average, as the acceptance rate increases, the percent of students employed upon graduation increases On average, as the acceptance rate decreases, the percent of students employed upon graduation decreases. On average, as the acceptance rate decreases, the percent of students employed upon graduation increases. On average, as the acceptance rate increases, the percent of student employed upon graduation remains the same.

Explanation / Answer

On average,as the acceptance rate decreases, the percent of students employed upon graduation increase.

Note:when the correlation coefficient is negative between two variables then increases in one variable is the reason for decreasing another variable.

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