6. A marketing research firm would like to display the relationship between a family's weekly food costs and the number of family members living in the household. Table 2 shows the monthly food costs and the number of family members for 16 families. These data can also be found in Excel file food costs.xlsx. Table 2. People 4 5 3 4 4 2 4 4 6 3 8 3 7 2 5 3 Monthly Food Costs (S) 926 1155 962 909 1084 755 949 1000 1263 1023 1265 1114 1322 937 962 829 Construct a scatter plot using these data. Describe the relationship between the number of household members and the family's monthly food costs.

6. A marketing research firm would like to display the relationship between a family's weekly food costs and the number of family members living in the household. Table 2 shows the monthly food costs and the number of family members for 16 families. These data can also be found in Excel file food costs.xlsx. Table 2. People 4 5 3 4 4 2 4 4 6 3 8 3 7 2 5 3 Monthly Food Costs (S) 926 1155 962 909 1084 755 949 1000 1263 1023 1265 1114 1322 937 962 829 Construct a scatter plot using these data. Describe the relationship between the number of household members and the family's monthly food costs.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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