The price of seafood varies with species and time.  Below is a scatterplot of the prices in cents per pound received in 1970 and 1980 by fishermen and vessel owners for several species.   The point representing the prices for Sea Scallops is pointed to with a blue arrow.  It would be considered an outlier since its price in both years was much higher than that of any other species graphed.  For 1 point each, give the price of Sea Scallops in 1970 and 1980.   1. Price in 1970 =                            ["", "", "", ""]            cents per pound  Price in 1980 =  400 cents per pound   2. Would the form of the relationship between the prices be best described as linear or curved?

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The price of seafood varies with species and time.  Below is a scatterplot of the prices in cents per pound received in 1970 and 1980 by fishermen and vessel owners for several species.

 

The point representing the prices for Sea Scallops is pointed to with a blue arrow.  It would be considered an outlier since its price in both years was much higher than that of any other species graphed.  For 1 point each, give the price of Sea Scallops in 1970 and 1980.  

1. Price in 1970 =                            ["", "", "", ""]            cents per pound

 Price in 1980 =  400 cents per pound

 

2. Would the form of the relationship between the prices be best described as linear or curved?                           ["", ""]           

 

3. Would the direction of the relationship be best described as positive, negative, both, or neither?                           ["", "", "", ""]           

 

4. Would the strength of the relationship be best described as weak or strong and WHY?                           ["", "", "", ""]           

 

5. Of the prices in the 1980’s for the 13 species considered, what is the 40th percentile of the 13 prices?                           ["", "", "", "", "", ""]           

Hint:  use the usual L technique to find percentiles.  Then count to the correct number of dots on the scatterplot.

Hint:  the sorted 1970’s prices go from left to right.  The sorted 1980’s prices go from bottom to top.

Scatterplot of 1980s Price vs 1970s Price
450
400-
205-
155-
80-
50-
25-
0-
-5 0
6
16
26 30
40
60
140145
06
1970s Price
1980s Price
Transcribed Image Text:Scatterplot of 1980s Price vs 1970s Price 450 400- 205- 155- 80- 50- 25- 0- -5 0 6 16 26 30 40 60 140145 06 1970s Price 1980s Price
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