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The graph shows the value of a certain model of car compared with its age. Which statement is true?

The graph shows the value of a certain model of car compared with its age. Which statement is true?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.2: Representing Data
Problem 12PPS
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The image contains a multiple-choice question related to the correlation of a car's age with its attributes. Below is a transcription and description suitable for an educational website: --- **Question:** Consider the relationship between a car's age (in years) and its value. Select the most accurate statement from the options below: - **A.** The car's age is not correlated to its value. - **B.** The correlation coefficient is close to 0. - **C.** The data show a negative linear relationship. - **D.** The car's age is the response variable. **Explanation of Options:** - Option **A** suggests there is no correlation between a car’s age and its value, implying the value doesn't depend on the age. - Option **B** indicates that if the correlation coefficient is close to 0, there may be little to no linear relationship between the two variables. - Option **C** suggests a negative linear relationship, meaning as the car’s age increases, its value decreases. - Option **D** states that the car’s age is the response variable, which is generally not correct as age is more likely to be the explanatory variable.
Transcribed Image Text:The image contains a multiple-choice question related to the correlation of a car's age with its attributes. Below is a transcription and description suitable for an educational website: --- **Question:** Consider the relationship between a car's age (in years) and its value. Select the most accurate statement from the options below: - **A.** The car's age is not correlated to its value. - **B.** The correlation coefficient is close to 0. - **C.** The data show a negative linear relationship. - **D.** The car's age is the response variable. **Explanation of Options:** - Option **A** suggests there is no correlation between a car’s age and its value, implying the value doesn't depend on the age. - Option **B** indicates that if the correlation coefficient is close to 0, there may be little to no linear relationship between the two variables. - Option **C** suggests a negative linear relationship, meaning as the car’s age increases, its value decreases. - Option **D** states that the car’s age is the response variable, which is generally not correct as age is more likely to be the explanatory variable.
The graph shows the value of a certain model of car compared with its age. The title of the graph asks: "Which statement is true?" ### Graph Details: - **Axes:** - The y-axis represents the car's value in dollars ($). - The x-axis represents the age of the car in years. - **Data Points:** - The graph consists of multiple data points plotted on a downward trend, indicating that as the age of the car increases, its value decreases. - **Trend:** - The graph demonstrates a negative correlation between the age of the car and its value, suggesting that the older the car, the lower its market value. This is a typical depreciation pattern seen in vehicles. This visualization can be used to discuss topics like depreciation, value assessment, and the impact of time on asset pricing.
Transcribed Image Text:The graph shows the value of a certain model of car compared with its age. The title of the graph asks: "Which statement is true?" ### Graph Details: - **Axes:** - The y-axis represents the car's value in dollars ($). - The x-axis represents the age of the car in years. - **Data Points:** - The graph consists of multiple data points plotted on a downward trend, indicating that as the age of the car increases, its value decreases. - **Trend:** - The graph demonstrates a negative correlation between the age of the car and its value, suggesting that the older the car, the lower its market value. This is a typical depreciation pattern seen in vehicles. This visualization can be used to discuss topics like depreciation, value assessment, and the impact of time on asset pricing.
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