A plumbing contractor receives proceeds of $4,713.54 on a 12.5% simple discount note with a face value of $5,000. Find the time
1 answer:
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Answer:
1. Negative Correlation
3. Strong Correlation
5. Linear
Step-by-step explanation:
We have been given a scatter-plot. We are asked to choose the characteristics of the given scatter-plot.
Upon looking at our given scatter-plot, we can see that as the values of x are increasing values of y are decreasing.
We know that the relationship between two variables in which one variable increases as the other decreases is known as negative correlation. Therefore, the given scatter-plot represents negative correlation and 1st option is a correct choice.
We can also see that the slope of the line connecting all data points is approximately , which represents a strong negative correlation, therefore, 3rd option is correct as well.
If we draw a line on our given scatter-plot, it will connect all the data points. Therefore, the given scatter-plot has a linear correlation and 5th option is correct as well.