If there is no relationship (linear or otherwise) between two quantitative variables as observed on a scatterplot, the value of the correlation coefficient, r, is likely to be which of the following? 1. closer to 12. closer to −13. closer to 04. either closer to −1 or 1

Option 3)  Closer to 0      

Step-by-step explanation:

Correlation:

Values between 0 and 0.3 tells about a weak positive linear relationship, values between 0.3 and 0.7 shows a moderate positive correlation and a correlation of 0.7 and 1.0 states a strong positive linear relationship.

Values between 0 and -0.3 tells about a weak negative linear relationship, values between -0.3 and -0.7 shows a moderate negative correlation and a correlation value of of -0.7 and -1.0 states a strong negative linear relationship.

Thus, for the given situation, if there is no relationship between two quantitative variables then the value of the correlation coefficient, r, is close to 0

answer: c, the green line

step-by-step explanation:

there is no black line, eliminate b.

simple interest implies periodic payments, but the red line shows no payments, eliminate d.

simple interest has equal payments. if paid say every day, the graph is about a straight line (actually a stairstep).

the yellow line is not straight, eliminate a.

check: the green line is straight, answer is c.

simple interest with positive interest rate gives a straight line sloping up to the right. green line:

g(t) = $100 + ($200-$100) ÷ (20 years) × (t years)

= $100 + (4%/year) × ($100)(t years)

incidentally, the yellow line curving upward represents continuously compounded interest

y = $100 × 2^(t years / (14 assuming the yellow line hits $200 at 14 years. 2^0 is 1, so y(0) = $100; 2^(14/14) is 2, so y(14) = $200.