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:

Liability Account

An accounting record that captures the amounts a company owes to others.

Gross Sales

represent the total sales revenue before any deductions are made for returns, allowances, or discounts.

Cash Sales

Transactions in which goods or services are exchanged immediately for cash payment.

Credit Sales

Sales made on credit, allowing buyers to pay at a later date, usually generating accounts receivable for the seller.