Associations for Each Pair of Variables, Indicate What Association You

question 98

Essay

Associations For each pair of variables, indicate what association you expect: positive
linear(+), negative linear(-), curved(C), or none(N).
a. the number of miles a student lives from school; the student's GPA
b. a person's blood alcohol level; time it takes the person to solve a maze
c. weekly sales of hot chocolate at a Montana diner; the number of auto accidents that week
in that town
d. the price charged for fund-raising candy bars; number of candy bars sold
e. the amount of rainfall during growing season; the crop yield (bushels per acre)

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Definitions:

Preferred Stock

A class of ownership in a corporation that has a higher claim on the assets and earnings than common stock, usually with fixed dividends.

Common Stock

Shares of ownership in a corporation that entitle holders to vote at shareholder meetings and receive dividends.

Convertible Preferred Stock

A type of preferred stock that holders can convert into a specified number of common shares, usually at any time after a predetermined date.

Preferred Stock Conversion

The process by which holders of preferred shares can convert their stocks into a predetermined number of common shares, often under specific conditions.