If the Correlation Between Two Variables Is 1, Then the Points

question 23

Multiple Choice

If the correlation between two variables is 1, then the points of their scatterplot:

• A) all lie within 1 unit of the regression line.
• B) all lie within \(\frac{1}{2}\) unit of the regression line.
• C) all lie on the regression line.
• D) lie so that exactly half of the points are on each side of the regression line.

---

Definitions:

Money Damages

A sum of money awarded in compensation for loss or injury in a civil lawsuit.

Breach of Contract

The failure to perform any term of a contract, agreement, or settlement without a legitimate legal excuse.

Privity of Contract

The relationship between parties in a contract that allows them to sue each other but prevents any third party from doing so.

Novation

The act of replacing an existing contract with a new one, wherein all parties agree to make the switch.