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For the scatterplots shown below, indicate what about the data make nonparametric
methods appropriate for measuring the association between x and y.
a. b.
Negative NPV
A condition where the net present value of all cash flows associated with a project or investment is negative, indicating that it is not financially viable.
Payback Period
The length of time it takes to recover the cost of an investment.
PI
A mathematical constant represented by the symbol π, approximated as 3.14159, or the ratio of a circle's circumference to its diameter in mathematics. Alternatively, if referring to "present indifference" or a concept specific to an industry or study, clarification is needed.
Positive NPV
An indicator that an investment's present value of net cash flows will exceed its initial cost, suggesting profitability.
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