The following data show annual profits (in thousands) over the last 10 years for Rachel’s greeting card company. a) Construct a scatterplot using the provided data. Remember to label your axes!  b) Describe the relationship between the year in business and profit.  c) Describe the correlation shown in this graph, make references to the strength and direction.    d) Draw your LINE of best fit. Appropriately use a solid line or dashed line. Use it to estimate the profit earned for year 9 and 12.  Year 1 3 4 5 6 7 8 10 Profit ($ thousands) 1.2 3.4 4.1 5.6 6.8 9.9 12.3 16.3

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13. The following data show annual profits (in thousands) over the last 10 years for Rachel’s greeting card company.
a) Construct a scatterplot using the provided data. Remember to label your axes! 
b) Describe the relationship between the year in business and profit. 
c) Describe the correlation shown in this graph, make references to the strength and direction.   
d) Draw your LINE of best fit. Appropriately use a solid line or dashed line. Use it to estimate the profit earned for
year 9 and 12. 
Year 1 3 4 5 6 7 8 10
Profit ($ thousands) 1.2 3.4 4.1 5.6 6.8 9.9 12.3 16.3

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