_assets using the fixed asset subsidiary Companies keep track of both tangible and intangible assets. They keep track of ledger O tangible current noncurrent O intangible A correlation is used to understand: the basic statistics, including the mean, standard deviation, minimums, and maximums of a data set. the frequency of the data using a display of rectangles with area proportional to the underlying frequency of the data. the extent to which variables are related to each other. o the probability of a difference in means between either two independent samples or a paired sample through time. Drevious