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A common objective for many school administrators is to increase the number of students
taking SAT and ACT tests from their school. The data from each state from 2003 are
reflected in the scatterplot.
a. Write a few sentences describing the association.
b. Estimate the correlation. ________
c. If the point in the top left corner (4, 1215) were removed, would the correlation become
stronger, weaker, or remain about the same? Explain briefly.
d. If the point in the very middle (38, 1049) were removed, would the correlation become
stronger, weaker, or remain about the same? Explain briefly.
Suppliers
Businesses or individuals that provide goods or services to another entity under agreed-upon terms.
Financing Activities
Transactions that involve raising capital (e.g., issuing stock or bonds) and repaying investors (e.g., dividends, loan repayments).
Short-Term Borrowings
Loans and other forms of financial indebtedness that are due for repayment within one year or less.
Operating Expenses
All necessary expenses involved in running a business, excluding the cost of goods sold, such as rent, utilities, and payroll.
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