If All the Points on a Scatterplot Fall on a Single

question 47

Multiple Choice

If all the points on a scatterplot fall on a single line:

• A) there is no relation between the variables.
• B) the relation between the variables is perfect.
• C) the variables are causally related.
• D) the relation between the variables is positive.

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Definitions:

Additional Slice

Refers to an extra unit or portion of a product or service added beyond the current amount.

Efficiency

The optimal use of resources to achieve the desired ends with minimum waste or effort.

Equity

The concept of fairness or justice within the economy that deals with the distribution of wealth and resources.

Trade

The exchange of goods, services, or both within and between countries.