The scatter diagram shows the ages and secondhand prices of 10 cars. a) What type of correlation is shown by the graph? negative correlation b) One of the cars is considered a 'collector's classic , so its age doesn't affect its price as much. Write"down the coordinates of the cross that you think represents this car on the graph. (4,5000)

Question

The scatter diagram shows the ages and secondhand prices of 10 cars. a) What type of correlation is shown by the graph? negative correlation b) One of the cars is considered a 'collector's classic , so its age doesn't affect its price as much. Write"down the coordinates of the cross that you think represents this car on the graph. (4,5000)

Answer 1

Question 1:The scatter diagram is illustrating the relationships between the ages of 10 used cars and their prices on the secondary market.a) Based on the context, what type of correlation is shown by the graph?Possible Answers: A Negative correlation implies B Positive correlation means C No correlation states thatD Non-linear correlation Question 2:One car doesn't fit the usual pattern of age impacting price because it is labeled as a 'collector's classic'. a) Could you please identify this car's coordinates as it is portrayed on the scatter graph? Provided answer: (4, 5000)Answering Steps:1: Observation of scatter diagram correlating the ages and secondhand prices of 10 specific automobiles. Any scatter plot represents a graphical confirmation of correlation, which means how the changes in one variable may influence the changes in another variable. In this scenario, we should be able to determine if there is any clear pattern showing how the prices change with the ages of cars, both aspects are variables.For question 1:After looking into the scatter graph, it might be discovered that the cars' secondhand price tends to decline as the age of car increases. Age and second-hand price variables therefore, depicts a negative correlation. As age increases, prices decrease. 【Answer】: A - Negative correlationFor question 2:When you thoroughly observe the scatter graph, there's a particular case that deviates from the general negatively correlation scenario. This specific point (or case) represents a classic collector's car, wherein its high resale price doesn’t drop significantly with age as with the mainstream used cars. This unique coordinate is shared as (4,5000).【Answer】: (4,5000) is the coordinate of the 'collector's classic' car that is represented on the scatter graph as cross.