Question 12
of 12 Step 1 of 1
02:26:34
Determine if the correlation between the two given variables is likely to be positive or negative, or if they are not likely to display a linear relationship.
The retail price of a particular model of car and the number of units sold at that price

Answer 1 Point
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Positive
Negative
No correlation
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Step 1 ：Determine if the correlation between the two given variables is likely to be positive or negative, or if they are not likely to display a linear relationship.

Step 2 ：The variables in question are the retail price of a particular model of car and the number of units sold at that price.

Step 3 ：The correlation between these variables is likely to be negative. This is because as the price of the car increases, the number of units sold is likely to decrease. This is due to the fact that fewer people will be able to afford it.

Step 4 ：Conversely, if the price of the car decreases, the number of units sold is likely to increase as more people will be able to afford it.

Step 5 ：This is a general trend and there may be exceptions based on other factors like brand value, features of the car, etc. But in general, price and demand have a negative correlation in economics.

Step 6 ：Final Answer: The correlation between the retail price of a particular model of car and the number of units sold at that price is likely to be \(\boxed{Negative}\).