When Data Points Group Together in a Cluster from the Lower

question 33

Multiple Choice

When data points group together in a cluster from the lower left-hand side of the xy axis to the upper right-hand side,what is this?

• A)negative slope
• B)positive slope
• C)negative intercept
• D)positive intercept

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Definitions:

Hourly Wages

Hourly wages are the amount of money workers are paid for each hour of work, often used to compensate employees in various job types for their labor.

Comparable Work

Comparable work refers to jobs that are sufficiently similar in terms of skills, effort, responsibility, and working conditions, used often in discussions about fair wages and equal pay.

GDP

Gross Domestic Product (GDP) measures the total value of all final goods and services produced within a country's borders in a specific time period, representing the size of its economy.

Trade Deficit

A scenario in which a nation's expenditure on imported goods and services surpasses its revenue from exports, leading to a net export of the home currency to international markets.