Suppose a used car dealer has 100 cars for sale?
Suppose a used car dealer has 100 cars for sale. Match each pair of variables below with the type of association you would expect between them.
the age of the car and the number of miles on the odometer (i.e., total number of miles it has been driven)
The age of the car and its resale value (selling price)
the cargo capacity and the number of previous owners
A.positive association
B.weak or negative association
C.negative association
The age of the car and the number of miles on odometer is a positive association. This makes sense: If the car is older, it has probably driven more miles
The age of the car and its resale value is a negative association. Think about it; the older the car is, the lower its resale value. Thus, if age goes up, price goes down, meaning there’s a negative association
The cargo capacity and the number of previous owners doesn’t really affect price too much, so it has a weak or negative association.
January 5th, 2010 at 6:41 am
You really need to be asking your teacher for help
I would definitely help you, but I forgot about positive, weak, and negative association. I learned that a while ago. I’m really sorry!
References :
January 5th, 2010 at 6:46 am
The age of the car and the number of miles on odometer is a positive association. This makes sense: If the car is older, it has probably driven more miles
The age of the car and its resale value is a negative association. Think about it; the older the car is, the lower its resale value. Thus, if age goes up, price goes down, meaning there’s a negative association
The cargo capacity and the number of previous owners doesn’t really affect price too much, so it has a weak or negative association.
References :