The Following Table Exhibits the Age of Antique Furniture and the Corresponding

question 41

Multiple Choice

The following table exhibits the age of antique furniture and the corresponding prices. Use the table to answer the following questions) . Hint: Use scatter diagram and the Excel Trendline tool where necessary) . $$\begin{array} { | r | r | } \hline\begin{array} { l } \text { Number } \\\text { of years }\end{array} & \begin{array} { l } \text { Value } \\\$\end{array} \\\hline 79 & 930 \\\hline 91 & 1010 \\\hline 83 & 970 \\\hline 159 & 1950 \\\hline 134 & 1610 \\\hline 210 & 2880 \\\hline 89 & 980 \\\hline 178 & 2010 \\\hline 124 & 1370 \\\hline 72 & 900 \\\hline\end{array}$$
-What is the relationship between the age of the furniture and their values?

• A) Nonlinear
• B) Linear
• C) Curvilinear
• D) No relationship

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Definitions:

Middle Eastern

Pertaining to the geographical region that encompasses Western Asia and Egypt, noted for its distinct cultural, religious, and historical identity.

Merchandise Inventory

The goods and products a retail or wholesale company holds for the purpose of resale to customers.

Liability Account

A financial reporting category that encompasses all obligations or debts a company owes to outside parties.

Merchandise Inventory

The total cost of all the goods held by a company that are available for sale to customers in the retail or wholesale sector.