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:

Payment

The transfer of money, goods, or services in exchange for a product, service, or to fulfill a legal obligation.

Depreciation

A method of accounting that distributes the expense of a physical asset across its lifespan.

Fixed Asset

Long-term tangible property that a firm owns and uses in producing its income and is not expected to be consumed or converted into cash in short-term.

Market Value

Market value is the current price at which an asset or service can be bought or sold in the open market.