At the end of 2015, the U.S. Bureau of Economic Analysis posted the following data on the U.S. disposable personal income by month for the first 11 months of that year as indicated in this table:a. Without making a scatter plot, what trend do you see in the data?b. Draw a scatter plot. Describe the correlation.c. Based on the trend,
Chapter 1, Application 1.5 #5
At the end of 2015, the U.S. Bureau of Economic Analysis posted the following data on the U.S. disposable personal income by month for the first 11 months of that year as indicated in this table:
a. Without making a scatter plot, what trend do you see in the data?
b. Draw a scatter plot. Describe the correlation.
c. Based on the trend, scatter plot, and correlation, what might you predict the personal income level was in December 2015?
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Related Book For 
Financial Algebra Advanced Algebra With Financial Applications
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
ISBN: 9781337271790