Use the Following Data Set to Answer the Questions

question 12

Multiple Choice

Use the following data set to answer the Questions: $\begin{array} { | l | l | l | l | l | l | l | l | l } \hline \begin{array} { l } \text { Length of } \\\text { commute in } \\\text { miles } ( x ) \end{array} & 2 & 10 & 8 & 30 & 12 & 70 & 15 & 20 \\\hline \begin{array} { l } \text { Time of } \\\text { commute in } \\\text { minutes (y) }\end{array} & 5 & 25 & 20 & 45 & 25 & 80 & 30 & 35 \\\hline\end{array}$
-What is the correlation between the variables?

• A) \(- 1\)
• B) 0.11
• C) 0.95
• D) 0.98

---

Definitions:

Raise

The act of collecting or soliciting funds or resources, often for a business venture or project.

Due Diligence Period

A set timeframe during which detailed investigation and evaluation is conducted before entering into an agreement or transaction.

Initial Offer

Typically refers to the first sale of stock by a private company to the public, often associated with an initial public offering (IPO).

Investor

An individual or organization that puts money into financial schemes, shares, or property with the expectation of achieving a profit.