Question

Determine if the correlation between the two given variables is likely to be positive or negative,...

Determine if the correlation between the two given variables is likely to be positive or negative, or if they are not likely to display a linear relationship.

The age of a car and its selling price

Math   Statistics-And-Probability   
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Answer #1

Correct option:

negative

Explanation:

As the age of a car (Independent Variable: x) increases, its selling price (Dependent Variable: (y) decreases.

As the age of a car (Independent Variable: x) decreases, its selling price (Dependent Variable: (y) increases.

So, there is an inverse linear relation between the age of a car (Independent Variable: x) and its selling price (Dependent Variable: (y) .

So,

the correlation between the two given variables is likely to be negative.

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