Data on Advertising Expenditures and Revenue (each measured in thousands of dollars) was collected and a scatter diagram was constructed prior to performing a full Regression Analysis on the data. The scatter diagram is given here: 70 60 50 40 30 20 10 0 0 ● 5 10 15 Expenditures 20 25 Assuming that these two variables have a linear relationship, classify the strength of this linear relationship. What trait(s) in this scatter diagram supports your answer? Be specific.

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Data on Advertising Expenditures and Revenue (each measured in thousands of dollars) was collected and a scatter diagram was constructed prior to performing a full Regression
Analysis on the data. The scatter diagram is given here:
Revenue
70
60
50
40
30
20
10
0
0
●
●
5
10
●
15
Expenditures
20
25
Assuming that these two variables have a linear relationship, classify the strength of this linear relationship. What trait(s) in this scatter diagram supports your answer? Be specific.
Transcribed Image Text:Data on Advertising Expenditures and Revenue (each measured in thousands of dollars) was collected and a scatter diagram was constructed prior to performing a full Regression Analysis on the data. The scatter diagram is given here: Revenue 70 60 50 40 30 20 10 0 0 ● ● 5 10 ● 15 Expenditures 20 25 Assuming that these two variables have a linear relationship, classify the strength of this linear relationship. What trait(s) in this scatter diagram supports your answer? Be specific.
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