TABLE 3-12
Given below are the rating and performance scores of 15 laptop computers.
-Referring to Table 3-12, how will you classify the linear relationship between the performance scores and the rating?
Definitions:
Consumer Durables
Goods that are not for immediate consumption and can be used repeatedly over a period of time, such as appliances, cars, and furniture.
Autonomous Consumption
Spending by consumers that is not influenced by changes in current income levels, typically covering basic necessities.
Disposable Income
The pool of funds households have for saving and spending pursuits after income taxes are factored out.
Consumption
The use of goods and services by households, constituting a major part of the economy's total output.
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