If the Points on a Scatter Diagram Are Clustered in a Pattern

question 48

Multiple Choice

If the points on a scatter diagram are clustered in a pattern that extends from upper left to the lower right,this would suggest that the two variables depicted are

• A) normally distributed.
• B) not correlated.
• C) negatively correlated.
• D) positively correlated.

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Definitions:

Accord and Satisfaction

A legal agreement where a dispute is settled by the parties involved, and a payment is made that is accepted as full resolution.

Bankruptcy

A legal process for individuals or entities that cannot repay their outstanding debts, allowing for their assets to be distributed among creditors.

Promissory Estoppel

A legal principle preventing a party from backing out of a promise made, when the other party has relied on that promise to their detriment.

Consideration

The value (usually money, service, or goods) exchanged between parties in a contract that compels them to fulfill their mutual obligations.