A Perfect Association Between Variables Can Be Seen on a Scattergram

question 30

Multiple Choice

A perfect association between variables can be seen on a scattergram when

• A)all dots lie an equal distance from the regression line.
• B)all dots lie on the regression line.
• C)the regression line forms a right angle at its intersection with the X axis.
• D)the regression line is parallel to the X axis.

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Definitions:

Merchant Seller

A person or company engaged in the selling of goods, especially on a large scale and dealing with customers who are themselves involved in trade.

Express Warranty

A written guarantee provided by the seller to the buyer that promises the quality and condition of the product being sold.

Seller or Lessor

A party that offers goods for sale or leases property to another party in exchange for payment.

Best of the Kind

A term indicating the highest quality or premium status among similar items or entities.