Please fix the wrong answers

Points$]$

CAMMBA$42.$E$\mathrm{.}025.$MI$.$

The scatter chart in the following figure was created using sample data for profits and market capitalizations from the following sample of firms in the Fortune $500.($a$)$ Discuss what the scatter chart indicates about the relationship between profits and market capitalization.

The scatter chart indicates that there may be a positive linear relationship between profits and market

capitalization.

The scatter chart indicates that there is no apparent relationship between profits and market capitalization.

The scatter chart indicates that there is a negative nonlinear relationship between profits and market

capitalization.

The scatter chart indicates that there may be a negative linear relationship between profits and market

capitalization.

The scatter chart indicates that there is a positive nonlinear relationship between profits and market

capitalization.

$($b$)$ Calculate the covariance between profits and market capitalization. $($Round your answer to one decimal place.$)$

Discuss what the covariance indicates about the relationship between pronits and market capitalization.

The covariance indicates that there is a strong positive relationship between profits and market

capitalization.

The covariance indicates that there is some negative relationship between profits and market

capitalization.

The covariance indicates that there is no relationship between profits and market capitalization.

The covariance indicates that there is some positive relationship between profits and market capitalization.

The covariance indicates that there is a strong negative relationship between profits and market

capitalization.

$($c$)$ Calculate the correlation coefficient between profits and market capitalization. $($Round your answer to four decimal places.$)$

What does the correlation coefficient indicate about the relationship between profits and market capitalization?

The correlation coefficient indicates that there is no relationship between profits and market capitalization.

The correlation coefficient indicates that there is a weak negative relationship between profits and market

capitalization.

The correlation coefficient indicates that there is a strong positive relationship between profits and market

capitalization.

The correlation coefficient indicates that there is a strong negative relationship between profits and market

capitalization.

The correlation coefficient indicates that there is a weak positive relationship between profits and market capitalization.