Asked by Salomé Daraselia on May 24, 2024
Verified
What type of correlation exists if the less money you put in the bank,the less interest you will earn?
A) positive correlation
B) negative correlation
C) indirect correlation
D) none of these
Negative Correlation
A correlation between two variables where one's gain is the other's loss.
- Ascertain the various classifications of correlations and their respective applications.
Verified Answer
IW
Isabel WeberMay 25, 2024
Final Answer :
A
Explanation :
A positive correlation exists because as the amount of money you put in the bank decreases, the amount of interest you earn also decreases, indicating that both variables move in the same direction.
Learning Objectives
- Ascertain the various classifications of correlations and their respective applications.
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