MULTIPLE ANSWERS QUESTION. Consider the Pivot Table below. What conclusion(s) are accurate? Profit ($1000s) Market Value ($1000s) 0-8000 8000-16000 16000-24000 24000-32000 32000-40000 Total 0-300 23 4 27 300-600 600-900 4 4 2 1 13 2 1 2 1 6 900-1200 2 1 1 4 There is no association between market value and profit values Low market values are associated with low profit values Low profit values are associated with high market values Low market values are associated with high profit values High market values are associated with high profit values although in lower frequencies Low market values and low profits have the highest frequencies Total 27 12 4 4 3 50

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter2: Equations And Inequalities
Section: Chapter Questions
Problem 62RE
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MULTIPLE ANSWERS QUESTION.
Consider the Pivot Table below. What conclusion(s) are accurate?
Profit ($1000s)
Market Value
($1000s)
0-8000
8000-16000
16000-24000
24000-32000
32000-40000
Total
0-300
23
4
27
300-600 600-900
4
4
2
1
2
13
2
1
2
1
6
900-1200
2
1
1
4
There is no association between market value and profit values
Low market values are associated with low profit values
Low profit values are associated with high market values
Low market values are associated with high profit values
High market values are associated with high profit values although in lower frequencies
Low market values and low profits have the highest frequencies
Total
27
12
4
4
3
50
Transcribed Image Text:MULTIPLE ANSWERS QUESTION. Consider the Pivot Table below. What conclusion(s) are accurate? Profit ($1000s) Market Value ($1000s) 0-8000 8000-16000 16000-24000 24000-32000 32000-40000 Total 0-300 23 4 27 300-600 600-900 4 4 2 1 2 13 2 1 2 1 6 900-1200 2 1 1 4 There is no association between market value and profit values Low market values are associated with low profit values Low profit values are associated with high market values Low market values are associated with high profit values High market values are associated with high profit values although in lower frequencies Low market values and low profits have the highest frequencies Total 27 12 4 4 3 50
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