What do these results suggest about the relationship between the total loan amount and number of loans?
A) As the number of loans increases, the total loan amount at first decreases, then increases.
B) As the number of loans increases, the total loan amount also increases.
C) As the number of loans increases, the total loan amount at first increases, then decreases.
D) As the number of loans increases, the total loan amount decreases at a decreasing rate.
Question 2
If the correlation coefficient r = 1, then all the data points lie exactly on a straight line.
Indicate whether the statement is true or false
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Three mechanics worked 15 1/2, 14 3/4, 18 1/8 hours respectively. What was the total