Author Question: What do these results suggest about the relationship between the total loan amount and number of ... (Read 93 times)

kfurse

  • Hero Member
  • *****
  • Posts: 590
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



jasonq

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

B

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

For a complete list of videos, visit our video library