Answer the question using the value of r and the given best-fit line on the scatter diagram.
- The scatter diagram and best-fit line show the data for the price of a stock (y)and U.S. employment (x). The correlation coefficient r is 0.8. Predict the stock price for an employment value of 5.
A)5.9
B)4.9
C)7
D)No valid prediction is possible.

Question

Answer the question using the value of r and the given best-fit line on the scatter diagram.
- The scatter diagram and best-fit line show the data for the price of a stock (y)and U.S. employment (x). The correlation coefficient r is 0.8. Predict the stock price for an employment value of 5.
A)5.9 
B)4.9 
C)7 
D)No valid prediction is possible.

Quizplus · Accepted Answer

The Answer of Answer the question using the value of r and the given best-fit line on the scatter diagram.
- The scatter diagram and best-fit line show the data for the price of a stock (y)and U.S. employment (x). The correlation coefficient r is 0.8. Predict the stock price for an employment value of 5.
A)5.9 
B)4.9 
C)7 
D)No valid prediction is possible.

Answer the Question Using the Value of R and the Given