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# 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

##### Solution Summary

The solution answers the question(s) below. The description of a scatter diagram is provided.

Solution provided by:
###### Education
• MSc , Pune University, India
• PhD (IP), Pune University, India
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• " 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."
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##### Measures of Central Tendency

Tests knowledge of the three main measures of central tendency, including some simple calculation questions.

##### Measures of Central Tendency

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##### Terms and Definitions for Statistics

This quiz covers basic terms and definitions of statistics.