Describe the Strength and Direction of the Linear Correlation

question 147

Multiple Choice

Describe the strength and direction of the linear correlation.
-Each of several people of various ages was asked to choose his or her favorite number (1-100) . Their ages and numbers are recorded in the following table:

• A) Strong positive linear correlation
• B) Weak negative linear correlation
• C) Strong negative linear correlation
• D) Little or no linear correlation

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Definitions:

Pollution Elimination

The process or practices aimed at reducing, controlling, or completely removing pollutants from the environment.

Pollution Cost

The economic impacts associated with pollution, including healthcare costs, environmental degradation, and loss of biodiversity.

Corrective Taxes

Corrective taxes are levied to correct the effects of negative externalities and align consumers' private costs with the overall societal costs.

Deadweight Losses

Deadweight Losses represent the inefficiency in the market caused by, for example, taxes or monopolies, resulting in a loss of economic efficiency when the optimal quantity of goods or services is not produced.