What is the overall pattern of the data?
Most people dislike losses more than they like gains. In money terms, people are about as sensitive to a loss of $10$10 as to a gain of $20.$20. To discover what parts of the brain are active in decisions about gain and loss, psychologists presented subjects with a series of gambles with different odds and different amounts of winnings and losses. From a subject's choices, they constructed a measure of "behavioral loss aversion." Higher scores show greater sensitivity to losses. Observing brain activity while subjects made their decisions pointed to specific brain regions.
The table contains data for 1616 subjects on behavioral loss aversion and "neural loss aversion," a measure of activity in one region of the brain.
Neural | Behavioral |
---|---|
−50.0−50.0 | 0.080.08 |
−39.1−39.1 | 0.810.81 |
−25.9−25.9 | 0.010.01 |
−26.7−26.7 | 0.120.12 |
−28.6−28.6 | 0.680.68 |
−19.8−19.8 | 0.110.11 |
−17.6−17.6 | 0.360.36 |
5.55.5 | 0.340.34 |
2.62.6 | 0.530.53 |
20.720.7 | 0.680.68 |
12.112.1 | 0.990.99 |
15.515.5 | 1.041.04 |
28.828.8 | 0.660.66 |
41.741.7 | 0.860.86 |
55.355.3 | 1.291.29 |
155.2155.2 | 1.941.94 |
To access the data, click the link for your preferred software format.
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What is the overall pattern of the data?
The dataset of 16 observations was given on behavioral loss aversion and neural loss aversion.
To make a scatter plot and interpret.
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