Question: Download the full data set from the OLC (only six data values are shown). (a) Use Excel to make a scatter plot, placing Revenue on
(a) Use Excel to make a scatter plot, placing Revenue on the X-axis and Net Income on the Y-axis. Add titles and modify the default colors, fonts, etc., as you judge appropriate to make the scatter plot effective.
(b) Describe the relationship (if any) between X and Y. Weak? Strong? Negative? Positive? Linear? Nonlinear?
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Revenue and Net Income (millions) for 27 Randomly Chosen Fortune 1000 Companies Revenuelncome Company Revenue Net Income 1,494.9 1,523.2 1,565.8 30.8 328.9 90.5 25 26 27 11,066.8 11,164.2 19,468.0 168.2 253.6 496.5
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a b There is a fairly weak but positive relationship between Net Income and Revenue I... View full answer
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