Data were collected on the typical cost of dining at Americancuisine restaurants within a 1-mile walking distance

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Data were collected on the typical cost of dining at Americancuisine restaurants within a 1-mile walking distance of a hotel located in a large city. The file Bundle contains the typical cost (a per transaction cost in $) as well as a Bundle score, a measure of overall popularity and customer loyalty, for each of 40 selected restaurants.

a. Construct a scatter plot with Bundle score on the X axis and typical cost on the Y axis.

b. What conclusions can you reach about the relationship between Bundle score and typical cost?

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Business Statistics A First Course

ISBN: 9780135177785

8th Edition

Authors: David M. Levine, Kathryn A. Szabat, David F. Stephan

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