There’s a positive correlation between the price a passenger pays for a train ticket in the number of stops the train makes duri
ng their trip.
What’s your variable is most likely the lurking variable that explains the correlation?
A) outside temperature
B) age of passenger
C) expected time of arrival
D) distance being traveled
What’s your variable is most likely the lurking variable that explains the correlation?
A) outside temperature
B) age of passenger
C) expected time of arrival
D) distance being traveled
2 answers:
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Answer:
option (c) 475
Step-by-step explanation:
let the automobile installment credit be 'C'
Given:.
Automobile installment credit accounted for 36 percent of all outstanding consumer installment credit
Now,
57 billion is of automobile installment credit
or
57 billion = × C
or
C = 57 × 3
or
C = 171 billion
now,
installment credit accounted = 36% of all outstanding consumer installment credit
or
171 billion = 0.36 × all outstanding consumer installment credit
or
All outstanding consumer installment credit = $475 billion
Hence, the correct answer is option (c) 475