If the Point in the Upper Right Corner of This

question 18

Multiple Choice

If the point in the upper right corner of this scatterplot is removed from the data set, then what will happen to the slope of the line of best fit (b) and to the correlation (r) ?

• A)b will increase, and r will decrease.
• B)b will decrease, and r will increase.
• C)both will decrease.
• D)both will increase.
• E)both will remain the same.

---

Definitions:

Small Businesses

Enterprises characterized by fewer employees, lower revenue, and smaller scale of operations compared to larger companies.

First Year

The initial period of 12 months from the start of an event, activity, or establishment.

Business Plan

A document that outlines a company's goals, strategies, target market, and financial forecasts, serving as a road map for startup and growth.

Entrepreneur

An individual who starts, organizes, manages, and assumes the risks of a business or enterprise.