In a Scatter Plot, If All Data Points Were Aligned

question 69

Multiple Choice

In a scatter plot, if all data points were aligned along a 44° angle, your correlation would be ______.

• A)medium strength
• B)low strength
• C)high strength
• D)0

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Definitions:

Opportunity Costs

The advantages forgone by selecting one option instead of another.

Fixed Cost

Costs that do not vary with the level of production or sales, such as rent or salaries.

Indirect Costs

Costs that are not directly traceable to a specific product or activity, such as overhead and administrative expenses.

General Electric

General Electric is a multinational conglomerate corporation operating in sectors like aviation, power, renewable energy, and healthcare.