Two Sets of Observations,assessing Shoe Size and IQ,are Compared

question 65

Multiple Choice

Two sets of observations,assessing shoe size and IQ,are compared.Which of the following is the most likely outcome?

• A)The first variable causes the second variable.
• B)The two variables will be uncorrelated.
• C)The two variables will be negatively correlated.
• D)The two variables will be positively correlated.

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Definitions:

Selling Price

The amount of money for which a product or service is sold to the customer.

Rate

A specified measure or quantity of one thing considered in relation to a unit of another thing; often used in the context of interest rates or growth rates.

Markdown

A reduction from the original or standard price of a product or service, typically to encourage sales.

Mark-up

Added value to the purchasing price of merchandise to include overhead and profit.