Produce a scatter plot between Income
and Education . According to the plot, which statements are correct?
(Multiple answers allowed)

Question

Produce a scatter plot between  Income 
and  Education . According to the plot, which statements are correct?
(Multiple answers allowed)

Answer

The sign of both covariance and correlation for the  Education  and  Income  variables is positive.

Answer

The relationship between  Income  and  Education  looks relatively linear.

Answer

When  Education  is small, then it is more likely that  Income  will be small.

Answer

The value of  Income  tends to increase as the value of  Education  increases.

Answer

When  Education  changes,  Income  will change exactly proportionately
with the change in  Education .

Answer

The value of  Income  tends to decrease as the value of  Education  increases.

Answer

Education  entirely determines  Income .

Answer

The sign of both covariance and correlation for the  Education  and  Income  variables is negative.

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