Multiple Choice
i. A scatter diagram is a chart that portrays the relationship between two variables. ii. If a scatter diagram shows very little scatter about a straight line drawn through the plots, it indicates a rather weak relationship.
iii. A scatter diagram may be put together using excel or Mega Stat.
A) (i) , (ii) , and (iii) are all correct statements.
B) (i) and (ii) are correct statements but not (iii) .
C) (i) and (iii) are correct statements but not (ii) .
D) (ii) and (iii) are correct statements but not (i) .
E) (i) , (ii) , and (iii) are all false statements.
Correct Answer:

Verified
Correct Answer:
Verified
Q30: What is the range of values for
Q110: i. The purpose of correlation analysis is
Q111: We have collected price per share and
Q112: Given the following five points: (-2,0), (-1,0),
Q113: i. The coefficient of correlation is a
Q115: i. A coefficient of correlation r close
Q116: i. A correlation coefficient of -1 or
Q117: What is the difference between a confidence
Q118: The relationship between interest rates as a
Q119: A sales manager for an advertising agency