Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized for You
we will pick new questions that match your level based on your Timer History
Track Your Progress
every week, we’ll send you an estimated GMAT score based on your performance
Practice Pays
we will pick new questions that match your level based on your Timer History
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Thank you for using the timer!
We noticed you are actually not timing your practice. Click the START button first next time you use the timer.
There are many benefits to timing your practice, including:
The graph shown below is a scatter plot with 48 points, each represent
[#permalink]
Updated on: 26 Nov 2023, 05:51
1
Kudos
1
Bookmarks
Expert Reply
Show timer
00:00
Difficulty:
45%
(medium)
Question Stats:
78%
(02:12)
correct
22%
(02:39)
wrong
based on 49
sessions
HideShow
timer Statistics
The graph shown below is a scatter plot with 48 points, each representing the number of radio ads per hour run by a company each day over 48 months, and the corresponding monthly sales revenue that the company earned. The sales revenues, measured in thousands of dollars, were tallied on the last day of each month that the ads were run. The solid line is the regression line, and the dashed line is the line through the points (1, $20,000) and (6, $50,000).
Select the best answer to fill in the blanks in each of the statements below based on the data shown in the graph.
1. The number of months in which the company generated more than $50,000 of revenue is closest to percent of 48.
2. The slope of the regression line is the slope of the dashed line.
Re: The graph shown below is a scatter plot with 48 points, each represent
[#permalink]
06 Feb 2020, 11:07
2
Kudos
1
Bookmarks
1)0, since no month generated revenue > 50000 and only one was able to achieve 50000 2)Slope of regression line is less than the slope of dashed line since slope of regression line is -ve,while slope of dashed line is +ve 3) Relationship is negative since when number of ads increases the revenue decreases
Re: The graph shown below is a scatter plot with 48 points, each represent
[#permalink]
04 Jun 2023, 10:01
Expert Reply
Official Explanation
The number of months in which the company generated more than $50,000 of revenue is closest to 0 percent of 48. According to the graph, only one month generated $50,000 in revenue; no months generated more than $50,000.
The slope of the regression line is less than the slope of the dashed line. The regression line slants downward from left to right, so it has a negative slope. The dotted line slants upward from left to right, so it has a positive slope.
The relationship between the radio ads run per hour and sales revenue is negative. As the number of ads per hour increases, the monthly revenue decreases.
Answer: A for all
gmatclubot
Re: The graph shown below is a scatter plot with 48 points, each represent [#permalink]