The following data shows the price of a certain stock over the last 8 months. Month Price 1 2.10 2 1.98 3 2.01 4 1.89 5 1.90 6 1.89 7 1.72 8 1.65 (a) Develop a scatter diagram and draw a trend line through the points. A graph has a horizontal axis labeled "Month" with values from 0 to 10 and a vertical axis labeled "Price" with values from 0 to 2.5. The scatter diagram has 8 points. A line goes through the center of the pattern of points. A pattern goes down and right becoming more steep from (1, 1.7) to (8, 1.25).   A graph has a horizontal axis labeled "Month" with values from 0 to 10 and a vertical axis labeled "Price" with values from 0 to 2.5. The scatter diagram has 8 points. A line goes through the center of the pattern of points. A pattern goes down and right from (1, 2.1) to (8, 1.65).   A graph has a horizontal axis labeled "Month" with values from 0 to 10 and a vertical axis labeled "Price" with values from 0 to 2.5. The scatter diagram has 8 points. A line goes through the center of the pattern of points. A pattern goes up and right from (1, 1.65) to (8, 2.1).   A graph has a horizontal axis labeled "Month" with values from 0 to 10 and a vertical axis labeled "Price" with values from 0 to 2.5. The scatter diagram has 8 points. A line goes through the center of the pattern of points. The points are scattered from 1 to 8 on the horizontal axis centered at 4.5 and from 1.22 to 1.98 on the vertical axis centered at 1.62. (b) What kind of relationship exists between stock price and time? positivenegative    no relationship

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The following data shows the price of a certain stock over the last 8 months.
Month Price
1 2.10
2 1.98
3 2.01
4 1.89
5 1.90
6 1.89
7 1.72
8 1.65
(a)
Develop a scatter diagram and draw a trend line through the points.
A graph has a horizontal axis labeled "Month" with values from 0 to 10 and a vertical axis labeled "Price" with values from 0 to 2.5. The scatter diagram has 8 points. A line goes through the center of the pattern of points. A pattern goes down and right becoming more steep from (1, 1.7) to (8, 1.25).
 
A graph has a horizontal axis labeled "Month" with values from 0 to 10 and a vertical axis labeled "Price" with values from 0 to 2.5. The scatter diagram has 8 points. A line goes through the center of the pattern of points. A pattern goes down and right from (1, 2.1) to (8, 1.65).
 
A graph has a horizontal axis labeled "Month" with values from 0 to 10 and a vertical axis labeled "Price" with values from 0 to 2.5. The scatter diagram has 8 points. A line goes through the center of the pattern of points. A pattern goes up and right from (1, 1.65) to (8, 2.1).
 
A graph has a horizontal axis labeled "Month" with values from 0 to 10 and a vertical axis labeled "Price" with values from 0 to 2.5. The scatter diagram has 8 points. A line goes through the center of the pattern of points. The points are scattered from 1 to 8 on the horizontal axis centered at 4.5 and from 1.22 to 1.98 on the vertical axis centered at 1.62.
(b)
What kind of relationship exists between stock price and time?
positivenegative    no relationship
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