Which of the Following Pairs of Variables Is Most Likely

question 49

Multiple Choice

Which of the following pairs of variables is most likely to be inversely related?

• A) sales of toothpaste and sales of running shoes
• B) the price of ice cream and the price of airline tickets
• C) the number of children in a family and the number of toys the family owns
• D) the price of ice cream and sales of ice cream
• E) sales of tortilla chips and sales of salsa

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Definitions:

Null Hypothesis

A statement in statistics that there is no significant difference or effect, and any observed difference is due to chance.

Multinomial Experiment

An experiment that extends binomial trials, allowing for more than two possible outcomes for each trial.

Observed Frequencies

The number of occurrences or instances of data points in specified categories or intervals as collected from experiments or surveys.

Consumer Panel Preferences

Insights or tendencies displayed by a group of consumers, often collected for market research.