Nelson's company manufactures computer games,and Nelson is interested in the relationship between the price of a game and people's ratings of the game's quality.He surveys 1000 customers,selected at random,and finds the correlation between price and quality is +0.50.Based on this information,Nelson can conclude that
A) people perceive the quality of a game to be better when the price is high than when the price is low.
B) increasing the price of a game will increase the perceived quality of the game for approximately 50% of consumers.
C) people perceive the quality of a game to be better when the price is low than when the price is high.
D) decreasing the price of a game will increase the perceived quality of the game for approximately 50% of consumers.

Question

Quizplus · Accepted Answer

The positive correlation of +0.50 indicates that there is a moderate positive relationship between price and perceived quality, meaning that as the price increases, the perceived quality tends to increase as well.

Nelson's Company Manufactures Computer Games,and Nelson Is Interested in the Relationship