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If the Point in the Upper Left Corner of the Scatterplot

question 61

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If the point in the upper left corner of the scatterplot shown below is removed, what will happen to the correlation (r) and the slope of the line of best fit (b) ?
If the point in the upper left corner of the scatterplot shown below is removed, what will happen to the correlation (r)  and the slope of the line of best fit (b) ?   A) They will not change. B) Both will increase. C) Both will decrease. D) r will increase and b will decrease. E) r will decrease and b will increase.

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The process of setting aside a portion of current income for future use, typically to hedge against unexpected expenses, achieve financial goals, or secure a retirement.

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The portion of total income that is not consumed or spent, instead being reserved for future use or investment.

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Consumer spending that increases when income increases, and decreases when income decreases, not including autonomous consumption that doesn’t change with income.

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