Which Type of Graph Is Most Useful in Determining If

question 83

Multiple Choice

Which type of graph is most useful in determining if two variables are correlated?

• A)Cross-section
• B)Variable-correlation figure
• C)Time-series
• D)Scatter diagram
• E)None of the above answers is correct.

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Definitions:

Annual Interest Rate

The annual interest rate is the percentage charged on a loan or paid on an investment for a one-year period, representing the cost of borrowing or the earnings from an investment.

Net Savings

The amount left after subtracting a person's or organization's total expenses from their total income, often accumulated over time.

Discount Period

The time frame between the beginning of a loan or credit term and the date the full payment is due, during which a discount may be offered for early payment.

Aging Schedule

A report categorizing a company's accounts receivable according to the length of time an invoice has been outstanding, used to determine credit and collection policies.