The Relationship Between Two Quantities X and Y Is Examined,and

question 43

Multiple Choice

The relationship between two quantities x and y is examined,and the association is shown in the scatterplot below.
Describe the association between these variables shown in the scatterplot.

• A)Fairly linear,negative,weak relationship
• B)Fairly linear,negative,strong relationship
• C)Fairly linear,positive,weak relationship
• D)Fairly linear,positive,strong relationship
• E)Fairly exponential,strong relationship

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Definitions:

Moral Hazard

Moral hazard occurs when one party in a transaction takes on more risk because they know that someone else will bear the cost of those risks.

Transaction

The act of conducting business between two or more parties, often involving the exchange of goods, services, money, or information.

Moral Hazard

A situation in which one party is more likely to take risks because they know that another party bears the consequences or costs of those risks.

Insured Individuals

People covered by insurance policies, protecting them against financial losses from specified risks.