Slope = 70,000
point: (8,2000000)
Form: y = mx + b
2000000 = 70,000*8 + b
b = 3.57
EQUATION:
Profit = 70,000(year after 1990) + 3.57
The data points are a little closer for a weak correlation, and you can see that there is some sort of relationship between these factors.
Data points for a strong correlation are in close proximity to one another, making it possible to build a line by imitating their pattern.
A statistic called correlation gauges how much two variables change in connection to one another.
Correlation and diversification, the idea that certain types of risk can be reduced by investing in assets that are not connected, are closely related concepts.
Correlation cannot determine whether x causes y or vice versa, or whether a third component is responsible for the association.
A scatter plot may make it easier to spot correlation, particularly when the variables have a non-linear but nevertheless significant association.
Learn more about correlation here:
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Answer: A pair of inverse operations is defined as two operations that will be performed on a number or
variable, that always results in the original number or variable. Another way to think of this is
that the two inverse operations “undo” each other. For example, addition and subtraction are
inverse operations since we can say
x x 2 2 . If we start with x, then add 2 and subtract 2,
we are left with the original starting variable x.
There are several inverse operations you should be familiar with: addition and subtraction,
multiplication and division, squares and square roots (for positive numbers), as well as cubes and
cube roots. The following examples summarize how to undo these operations using their
inverses
Step-by-step explanation:
Step-by-step explanation:
The correct answer is p= 2+d and p= d-1