When Examining an Association in Which One Variable Is Categorical

question 64

Multiple Choice

When examining an association in which one variable is categorical and one is quantitative, which of the following is NOT likely to be used?

• A)A t test
• B)A correlation
• C)A scatterplot
• D)A bar graph

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Definitions:

Named

Designated or identified by a specific name.

Currency Requirement

A stipulation for the type of currency that must be used in a financial transaction or agreement.

U.S. Dollars

The official currency of the United States, widely used as a benchmark and reserve currency globally.

Negotiability

The ability of a financial instrument to be transferred from one party to another with the title passing to the transferee.