Consider the Following Scatterplot, Which Depicts the Tread Depth (Measured

question 13

Multiple Choice

Consider the following scatterplot, which depicts the tread depth (measured in mils, where 1 mil = 0.001 inch) versus the number of miles driven on the tire (measured in thousands of miles) . The correlation between x and y:

• A)is approximately 0.97.
• B)is approximately -0.97.
• C)is approximately 0.
• D)cannot be computed because the trend is curved.

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Definitions:

Trade Secret

A form of intellectual property comprising confidential information that provides a business with a competitive edge.

Sufficient Value

A concept in contract law that refers to the necessity of both parties exchanging something of value for a contract to be considered valid.

Trademark

A distinct symbol, pattern, or phrase that distinguishes the goods or services of one origin from those of another.

Manufacturer

Any person or entity that makes goods or merchandise from raw materials by hand or by machinery, often on a large scale.