Applicants for a Particular Job, Which Involves Extensive Travel in Spanish-Speaking

question 13

Multiple Choice

Applicants for a particular job, which involves extensive travel in Spanish-speaking countries, must take a proficiency test in Spanish.The sample data were obtained in a study
Of the relationship between the numbers of years applicants have studied Spanish and their
Score on the test.

• A) Score \(= 31.53333 *\) Number of Years + 10.90476; The scores on the proficiency test for these applicants increase about \(10.90476\) points for each additional year spent studying Spanish.
• B) Number of Years \(= 31.53333 + 10.90476 *\) Score; The number of years spent studying Spanish increases about \(10.90476\) years for each additional point scored on the test.
• C) Score \(= 31.53333 *\) Number of Years + 10.90476; The scores on the proficiency test for these applicants increase about \(31.53333\) points for each additional year spent studying Spanish.
• D) Score \(= 31.53333 + 10.90476 *\) Number of Years; The scores on the proficiency test for these applicants increase about \(31.53333\) points for each additional year spent studying Spanish.
• E) Score \(= 31.53333 + 10.90476 *\) Number of Years; The scores on the proficiency test for these applicants increase about \(10.90476\) points for each additional year spent studying Spanish.

---

Definitions:

Price Elasticity

The measure of how much the quantity demanded of a good responds to a change in the price of that good, indicating its sensitivity to price changes.

Midpoint Method

A technique used to calculate the price elasticity of demand or supply, avoiding the problem of using different base values for percentage calculations.

Supply

The total amount of a product or service available for purchase at any given price point.

Price Elasticity

A gauge of the degree to which the amount of a good sought or offered adjusts when there's a change in its price.