- 1 Marks
QTB – Nov 2015 – L1 – SA – Q14 – Statistics
This question asks for the type of correlation exhibited in a scatter plot where the price and quantity have a downward trend.
Question
The scatter plot depicting the association that exists between the price of an item and the quantity supplied is such that all the points fall on a straight line and their movement is in a downward trend. This type of correlation exhibited in the graph is known as:
A. Perfect positive
B. Positive
C. Perfect negative
D. Negative
E. Zero
Find Related Questions by Tags, levels, etc.
- Tags: Correlation, Negative Correlation, Scatter Plot
- Level: Level 1
- Topic: Statistics
- Series: NOV 2015
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