Description of Scatter Diagram
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Given the following data, create a scatter diagram (using Excel), click on the points as demonstrated in the Excel workbook, and have Excel place the regression equation and coefficient of correlation on the graph for you. Interpret the results (in English).
Years of Education Annual Income (000's)
6 10
7 13
8 15
7 14
9 16
12 21
11 22
14 20
16 19
20 45
13 35
15 36
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Solution Summary
The solution answers the question(s) below. The description of a scatter diagram is provided.
Education
- BEng, Allahabad University, India
- MSc , Pune University, India
- PhD (IP), Pune University, India
Recent Feedback
- " In question 2, you incorrectly add in the $3.00 dividend that was just paid to determine the value of the stock price using the dividend discount model. In question 4 response, it should have also been recognized that dividend discount models are not useful if any of the parameters used in the model are inaccurate. "
- "feedback: fail to recognize the operating cash flow will not begin until the end of year 3."
- "Answer was correct"
- "Great thanks"
- "Perfect solution..thank you"
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