Use the Following Information for Following Questions

question 1

Multiple Choice

Use the following information for following questions .
The scatterplot shows the relationship between the foot lengths and foot widths of children. The
coefficient of determination was found to be 41.09%.
-Calculate the value of the correlation coefficient between a car's age and its current value.

• A)r =−0.4109
• B)r =−0.6410
• C)r = 0.4109
• D)r = 0.6410

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Definitions:

Bid and Ask Prices

The bid price is the highest price a buyer is willing to pay for a security, while the ask price is the lowest price a seller is willing to accept.

Bid-Ask Spread

The difference between the highest price that buyers are willing to pay for an asset and the lowest price that sellers are willing to accept.

Commission Income

Revenue earned by an individual or company for facilitating a transaction or service, often a percentage of the transaction value.

Price Continuity

The concept that securities should have consistent pricing through time without large gaps or discontinuities.