Suppose the Regression Line for a Scatterplot Passes Through the Points

question 1

Short Answer

Suppose the regression line for a scatterplot passes through the points (0, 10) and (5, 20). What type of association exists between the variables?

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Definitions:

Entity

Any organization, institution, or being that has a distinct existence, legally recognized as capable of rights and duties.

Profit

The financial gain achieved when the revenues earned from business activities exceed the expenses, costs, and taxes needed to sustain the activity.

Personally Liable

The state of being legally responsible for one's actions on an individual basis, which can result in personal financial liability.

Partnership

A form of business conduct legally established among at least two partners with shared responsibilities and profit distribution.