A Study Is Conducted to Determine If There Is a Relationship

question 40

Multiple Choice

A study is conducted to determine if there is a relationship between height (inches) and annual income (dollars) among executives at large companies in the United States. Which of the following statements about the descriptive statistics for the study data is not true?

• A) The correlation is measured in inches per dollar.
• B) The standard deviation of the incomes is measured in dollars.
• C) The standard deviation of the heights is measured in inches.
• D) The median income is measured in dollars.
• E) Both "the standard deviation of the incomes is measured in dollars" and "the standard deviation of the heights is measured in inches" are correct.

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Definitions:

Warranty Repairs

Services provided to fix or replace products that fail to perform as expected within a given warranty period, usually at no cost to the customer.

Note Proceeds

The amount of money received from issuing notes payable, which is a loan or credit extended by financial institutions or others.

Discounted Note

A note receivable or payable that is issued at a discount to its face value and upon which interest reflects the difference between the face value and the issued price.

Discounted Note

A promissory note issued at a price lower than its face value, with the distinction being the interest earned by the lender.