103k views
1 vote
Select the correct answer.The balance of a loan, y, over a period of several months, x, is recorded in the table. Which scatter plot shows the data?

Select the correct answer.The balance of a loan, y, over a period of several months-example-1
Select the correct answer.The balance of a loan, y, over a period of several months-example-1
Select the correct answer.The balance of a loan, y, over a period of several months-example-2
Select the correct answer.The balance of a loan, y, over a period of several months-example-3
User Garrow
by
5.7k points

1 Answer

4 votes

1) We are told to find the scatterplot, of that table. As it is a loan, then there's a decreasing correlation.

2) The loan starts at $5,000, so the x-axis indicates the period in months

The y-axis, the amount of money, the loan balance. As we can see below:

3) So the right scatterplot is the 4th one ( counting from top to the bottom).

Select the correct answer.The balance of a loan, y, over a period of several months-example-1
User MadNeox
by
5.6k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.