Question: (a) Make an Excel scatter plot of X = weekly closing price of Dolana stock and Y = weekly closing price of ZalParm stock over

(a) Make an Excel scatter plot of X = weekly closing price of Dolana stock and Y = weekly closing price of ZalParm stock over 52 consecutive weeks.

(b) Describe the scatter plot.

(c) Calculate the sample correlation using the Excel function =CORREL. What does it tell you?

(d) Select both data columns (including column headings) and make a line chart displaying both series. What does the line chart say about the relationship?

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a b The relationship appears to be strong positive linear ... View full answer

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