Shown here is a scatter plot of the NASDAQ 100 Index versus the Dow Jones Industrial Average on Friday closings over a period of one year (January 12, 2018 to January 4, 2019). What does the graph tell you about the relationship of the NASDAQ 100 Index to the Dow Jones Industrial Average? Explain what you observe in the graph and share any conclusions that you reach. The NASDAQ 100 data were obtained from the Federal Reserve Bank of St. Louis, and the Dow Jones Industrial Averages were obtained from measuringworth.com.

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NASDAQ-100 8500 8000 7500 7000 6500 6000 22000 Scatter Plot of NASDAQ-100 vs. DJIA 23000 24000 25000 DJIA 26000 27000