Multiple Choice
Use the following information for following questions
The scatterplot shows the relationship between a vehicle's age (in years) and its current value (in
dollars) . The coefficient of determination was found to be 98.74%.
-If we converted the x-axis to months, instead of years, what would happen to the value of the correlation coefficient?
A) The correlation coefficient would increase because we are adding 12 additional values (one for each month) on the x-axis.
B) The correlation coefficient would decrease because we have less data points per month as opposed to per year.
C) The correlation coefficient would be unchanged because it is not affected by changes in units.
D) We cannot make any conclusions about the correlation coefficient because we would need to use the new data values to calculate it.
Correct Answer:

Verified
Correct Answer:
Verified
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