I can do the scatter plot diagram I just need help With identifying the Y axis and the X access and the Form directions strength  And outlier

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
icon
Concept explainers
Question

I can do the scatter plot diagram I just need help With identifying the Y axis and the X access and the Form directions strength  And outlier

The sales manager at Sun City Real Estate Company is interested in describing the relationship between condo
sales price and the number of weeks the condo is on the market before it sells. He has collected a random
sample of condos that have sold within the past three months in their area. The data is shown below:
Weeks on Market Selling Price (in thousands of $)
18
125
48
73
51
61
33
76.5
56
53
9.
133
25
94
47
90
32
107
27
84
23
54
16
102
1. Draw the scatterplot for the relationship between weeks on the market and selling price. Don't forget to
label the axis.
140
Based on the graph, what is the....
130
Form:
120
110
Direction:
100
Strength:
90
80
Outlier(s):
List (if any) or say "none"
70
Transcribed Image Text:The sales manager at Sun City Real Estate Company is interested in describing the relationship between condo sales price and the number of weeks the condo is on the market before it sells. He has collected a random sample of condos that have sold within the past three months in their area. The data is shown below: Weeks on Market Selling Price (in thousands of $) 18 125 48 73 51 61 33 76.5 56 53 9. 133 25 94 47 90 32 107 27 84 23 54 16 102 1. Draw the scatterplot for the relationship between weeks on the market and selling price. Don't forget to label the axis. 140 Based on the graph, what is the.... 130 Form: 120 110 Direction: 100 Strength: 90 80 Outlier(s): List (if any) or say "none" 70
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Knowledge Booster
Correlation, Regression, and Association
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman