The statement that is true about the scatter plot is:
D. Scatter plots can be used to represent quantitative data.
We know that a scatter plot is a graphical representation of a data that is used to display two variables for a set of given data.
It is used to display categorical and quantitative data.
Also, there is some correlation between the two variables or there may be no relation or correlation between the two variables.
Also, the trend line or regression line is a line that best represents the data point and hence , all of the data points or some of the data points or none of the data points may lie above the regression line.
A scatter plot or also called the scatter graph, chart or diagram is a type of plot or mathematical diagram using Cartesian coordinates to display value for typically two variables for set of data. Base on that fact, the possible answer to your question is letter D. Scatter plot can be used to represent quantitative data
Rounded to the nearest dollar, Robert will have $ 505 more than Cooper on his account.
Given that Cooper invested $ 3,100 in an account paying an interest rate of 2% compounded quarterly, while Robert invested $ 3,100 in an account paying an interest rate of 3% compounded continuously, to determine, after 12 years, how much more money would Robert have in his account than Cooper to the nearest dollar, the following calculation must be made:
Compound interest formula: Initial x (1 + interest / composition) ^ composition x years
Continuous compound interest formula: Initial x exp ^ (interest x years)
3,100 x (1 + 0.02 / 4) ^ 12x4 = X
3,100 x (1 + 0.005) ^ 48 = X
3,100 x 1,005 ^ 48 = X
3,100 x 1,270 = X
3,938.51 = X
3,100 x 2.71828182845904 ^ (3x12) = X
4,443.32 = X
4,443.32 - 3,938.51 = X
504.51 = X
Therefore, rounded to the nearest dollar, Robert will have $ 505 more than Cooper on his account.