The Fitness Center Manager Has Collected Data on the Number

question 68

Multiple Choice

The Fitness Center manager has collected data on the number of visits to the club each week for the past 8 weeks.These data are shown as follows.Which of the following statements is most correct?

• A)A histogram will illustrate whether a linear relationship exists between the number of visits and the week number.
• B)A scatter diagram would be useful for displaying these data.
• C)A line chart for these data will show that an upward trend in the number of visits to the club has occurred over the past two weeks.
• D)None of the above.

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Definitions:

Accounts Payable

Money owed by a business to its suppliers or creditors for goods and services received but not yet paid for.

Days' Payable Outstanding

Days' Payable Outstanding (DPO) is a financial ratio that indicates the average time (in days) that a company takes to pay its bills and invoices to its trade creditors.

Accounts Payable

Accounts payable are amounts a company owes because it purchased goods or services on credit from a supplier or vendor.

Days' Payable Outstanding

A financial metric that measures how long it takes a company to pay its invoices from suppliers, reflecting on cash management practices.