If Two Variables Are Unrelated, a Scatter Diagram of Those

question 462

Multiple Choice

If two variables are unrelated, a scatter diagram of those variables will

• A) be a horizontal line.
• B) have a constant positive slope.
• C) be either a vertical or horizontal line.
• D) be a vertical line.

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Definitions:

Market Rate

The prevailing price or interest rate in the market for goods, services, or securities.

Interest

The payment made for the use of (borrowed) money.

Total Fertility Rate

The average number of children a woman is expected to have during her lifetime in a specific population.

Present Value

The present value of a future amount of money or series of cash flows, using a given rate of return.