The following graph shows the monthly expenses of a family. For which category the family spends the maximum expense? Monthly Expense Electricity 19% 20% Miscellaneous Clothing 7% 6% Cell Billt 8% Education Investment 15% 25% Select one: O Grocery O Cell Bill O Education O Investment OElectricity

The following graph shows the monthly expenses of a family. For which category the family spends the maximum expense? Monthly Expense Electricity 19% 20% Miscellaneous Clothing 7% 6% Cell Billt 8% Education Investment 15% 25% Select one: O Grocery O Cell Bill O Education O Investment OElectricity

Mathematics For Machine Technology

8th Edition

ISBN:9781337798310

Author:Peterson, John.

Publisher:Peterson, John.

Chapter24: Percent Practical Applications

Section: Chapter Questions

Problem 41A

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Concept explainers

Correlation

Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.

Linear Correlation

A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.

Regression Analysis

Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.

Question

The following graph shows the monthly expenses of a family. For which category the family spends the
maximum expense?
Monthly Expense
Electricity
19%
20%
Miscellaneous
Clothing
7%
6%
Cell Bil
8%
Education
Investment
15%
25%
Select one:
O Grocery
OCell Bill
O Education
O Investment
OElectricity

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