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leva [86]
3 years ago
6

URGENT WILL GIVE BRAINLIEST

Mathematics
1 answer:
Romashka-Z-Leto [24]3 years ago
7 0
300. $:&:&:&:&:&:$::$:$$:$:$:$:$:
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If a regression analysis shows an R factor of 0.15, it is safe to assume a perfect positive relationship between cost and volume
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a very weak relationship between cost and volume

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The R factor is used to access the strength of the relationship between a dependent and independent variable. The R factor ranges between - 1 and 1. With negative values depicting a negative linear relationship and positive values meaning a positive relationship. The closer the R factor is to - 1 or + 1, the greater the strength, a value of 0 means, no correlation exists.

Hence, a R factor of 0.15 depicts a positive but very weak relationship between cost and volume as the R value is close to 0.

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