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

question 38

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) . $$\begin{array} { | r | r | } \hline\begin{array} { l } \text { Number } \\\text { of years }\end{array} & \begin{array} { l } \text { Value } \\\$\end{array} \\\hline 79 & 930 \\\hline 91 & 1010 \\\hline 83 & 970 \\\hline 159 & 1950 \\\hline 134 & 1610 \\\hline 210 & 2880 \\\hline 89 & 980 \\\hline 178 & 2010 \\\hline 124 & 1370 \\\hline 72 & 900 \\\hline\end{array}$$
-Which of the following is true of linear functions used in predictive analytical models?

• A) It is used when the rate of change in a variable decreases or increases quickly and then levels out.
• B) It is used when there is a steady decrease or increase over a range of a variable.
• C) It is used when there is increase at a specific rate.
• D) It is used when there is a rise or fall at a constantly increasing rate.

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Definitions:

Cocktail Party Effect

The ability of individuals to focus on a single conversation in a noisy environment, ignoring other conversations.

Dichotic Listening Phenomenon

a cognitive experiment where two different auditory stimuli are presented to each ear simultaneously, used to study selective attention and the brain’s processing of information.

Dichotic Listening Task

A psychological test used to investigate selective attention and the processing of different information presented to each ear simultaneously.

Kahneman's Capacity Model

A cognitive theory proposed by Daniel Kahneman that outlines the limited capacity of the human brain to engage in multiple tasks, emphasizing the allocation of cognitive resources between competing demands.