Which Type of Graph Should Be Used If the Purpose

question 18

Multiple Choice

Which type of graph should be used if the purpose of the graph is to check the strength of the relationship between savings and income?

• A) a scatter diagram
• B) a time- series graph
• C) a trend diagram
• D) a bar chart

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Definitions:

Common Law

A body of law derived from judicial decisions and precedents rather than statutes, predominant in countries like the UK and the US.

Woodshed

Informally refers to the process of practicing or improving skills in private, often used in a musical context.

Enforceable Contract

A legally binding agreement that can be upheld in court and compels parties to fulfill their contractual obligations.

Output Contract

A legal agreement in which a buyer agrees to purchase all of a producer's production.