A Researcher Measures the Following Correlation Between Cups of Coffee

question 55

Multiple Choice

A researcher measures the following correlation between cups of coffee consumed daily and daily work schedule.Which description best explains the relationship between these two factors?

• A)The more a person works,the more coffee he or she tends to drink.
• B)The less a person works,the more coffee he or she tends to drink.
• C)The more a person works,the less coffee he or she tends to drink.
• D)No linear pattern is evident.

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Definitions:

Contribution Format

A type of income statement that separates fixed and variable costs to highlight the contribution margin.

Unit Contribution Margin

The amount that each unit sold contributes towards covering fixed costs and generating profit, calculated as the selling price per unit minus variable costs per unit.

Break-even Point

The level of sales or production at which total revenues equal total expenses, resulting in neither profit nor loss.

Variable Expenses

Costs that vary directly with the level of output or activity, such as materials and labor.