Question

A random sample of 20 individuals who graduated from college five years ago were asked to report the total amount of debt (in $) they had when they graduated from college and the total value of their current investments (in $) resulting in the data set below.

Debt Invested
16472 37226
19048 33930
4033 66292
22575 24887
12020 44976
4731 59924
4571 59901

Which statement best describes the relationship between these two variables?

a. As college debt decreases current investment decreases.
b. College debt is not associated with current investment.
c. As college debt increases current investment decreases.
d. As college debt increases current investment increases.

Answer 1

The answer is "Option c".

Explanation:

Please find the complete question and its solution in the attached file.