An investment analyst looking at the association between sales and assets of companies was surprised when she
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An investment analyst looking at the association between sales and assets of companies was surprised when she calculated the correlation. She had expected to find a fairly strong association, yet the correlation was near 0. Explain how a scatterplot could still reveal the strong associations she anticipated.
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Related Book For
Business Statistics
ISBN: 9780133899122
3rd Canadian Edition
Authors: Norean D. Sharpe, Richard D. De Veaux, Paul F. Velleman, David Wright
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