A concert production company examined its records. The manager made the following scatterplot. The company places concerts

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A concert production company examined its records. The manager made the following scatterplot. The company places concerts in two venues, a smaller, more in-timate theater (plotted with blue circles) and a larger auditorium- style venue.
A concert production company examined its records. The manager made

a) Describe the relationship between Talent Cost and Total Revenue. (Remember: direction, form, strength, outliers.)
b) How are the results for the two venues similar?
c) How are they different?

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Business Statistics

ISBN: 9780321925831

3rd Edition

Authors: Norean Sharpe, Richard Veaux, Paul Velleman

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