What is the overall pattern of the data?

MATLAB: An Introduction with Applications
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ISBN:9781119256830
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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.

  CSV   Excel (xls)   Excel (xlsx)   JMP   Mac-Text   Minitab14-18   Minitab18+   PC-Text   R   SPSS   TI   CrunchIt!

From a graph in Sabrina M. Tom et al., "The neural basis of loss aversion in decisionmaking under risk," Science, 315 (2007), pp. 515–518.
 
© Macmillan Learning

What is the overall pattern of the data?

Expert Solution
Step 1

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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