Question

1. consumers utilize mobile banking mostly for which activity?

a. making international transfers
b. inquiring about their account balance
c. paying bills
d. updating their account settings

1. all of the following are benefits of having a checking account, except.

a. you can pay bills, check your balance, and transfer money using mobile banking
b. you can track your finances using alerts, statements, and online banking
c. you can earn a high interest rate on the money in your account
d. you can have your paycheck deposited automatically into your account

1. a scatter plot is...

a. a graph that shows data changing using dots connected together by lines
b. a graph that uses rectangular bars to show how large values are
c. a graph that shows the relationship between two data sets
d. a graph that shows what percentage of data is related

1. choose the scatter plot that has a negative correlation.

a scatter - plot with dots showing positive correlation
b scatter - plot with dots showing negative correlation
c scatter - plot with dots showing no clear correlation
d. none of the graphs show a negative correlation

Explanation:

1. Checking account balance is a very common and basic use - case for mobile banking. International transfers may have more security and regulatory requirements, paying bills is also common but not as basic as checking balance, and updating account settings is less frequent.
2. Checking accounts generally do not offer high - interest rates compared to savings accounts or other investment accounts. The other options are typical benefits of having a checking account.
3. A scatter plot is used to show the relationship between two data sets. Option a describes a line graph, option b describes a bar graph, and option d is not the main purpose of a scatter plot.
4. In a negative correlation scatter plot, as the value of one variable (X) increases, the value of the other variable (Y) decreases. Graph b shows this pattern.

Answer:

1. b. Inquiring about their account balance
2. c. You can earn a high interest rate on the money in your account
3. c. A graph that shows the relationship between two data sets
4. b