If a scatterplot reveals a fairly weak relationship between cost and volume, the cost equation based on that data would not be very useful for predicting future costs.

Question

Quizplus · Accepted Answer

A scatterplot with a weak relationship between cost and volume indicates that there is a lot of variability in the data and the cost equation based on that data may not be a reliable predictor of future costs.

If a Scatterplot Reveals a Fairly Weak Relationship Between Cost