(a) In a scatterplot of the average price of a barrel of oil and the average retail price of a gallon of gasoline, you expect to seeA.a positive association.B.very little association.C.a negative association.D.None of the above.
(b) If the correlation between two variables is close to 0, you can conclude that a scatterplot would showA.a cloud of points with no visible pattern.B.no straight-line pattern, but there might be a strong pattern of another form.C.a strong straight-line pattern.D.None of the above.
(c) You have data for many years on the average price of a barrel of oil and the average retail price of a gallon of unleaded regular gasoline. When you make a scatterplot, the explanatory variable on thex-axisA.is the price of gasoline.B.can be either oil price or gasoline price.C.is the price of oil.D.None of the above.
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