The Scatter Plot for a Set of X and Y

question 21

Multiple Choice

The scatter plot for a set of X and Y values shows the data points clustered in a nearly perfect circle.For these data,what is the most likely value for the correlation?​

• A)a positive correlation near 0​
• B)​a negative correlation near 0
• C)​either positive or negative near 0
• D)​a value near +1.00 or 1.00

---

Definitions:

Work in Process Inventory

The value of the materials, labor, and overhead costs of products that are in the production process but have not yet been completed.

Underapplied Overhead

A situation where the allocated manufacturing overhead costs are less than the actual overhead costs incurred.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including materials and labor.

Direct Materials

Basic substances directly linked to the creation of a particular product.