A Scatter Plot Indicates That Two Variables Are Unrelated as Their

question 86

True/False

A scatter plot indicates that two variables are unrelated as their data are scattered.

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Definitions:

Equipment

Tangible assets used in the operation of a business, but not intended for resale.

Prepaid Rent Expense

An asset account that represents payments made for rent in advance of the rental period, which will be expensed over time as the rental period occurs.

Assets

Resources owned or controlled by a business, expected to produce future economic benefits.

Expenses

Costs incurred in the process of earning revenue; examples include rent, utilities, and salaries.