2. Create a set of scatter charts by plotting each of the rows in Exhibit 1-3 against the development cost row. For each one, explain why there is or is not any correlation. (For example, you would first plot "annual production volume versus "development cost and explain why there seems to be no correlation. Then repeat for each of the remaining rows.) Stanley Tools Jobmaster Screwdriver Rollerblade In-Line Skate 100,000 units/year Hewlett-Packard DeskJet Printer 4 million units/year Volkswagen New Beetle Automobile Boeing 777 Airplane 50 units/year 100,000 units/year 100,000 units/year 3 years 2 years 6 years Annual production volume Sales lifetime Sales price Number of unique parts (part numbers) 40 years $5 $150 $130 200 parts $20,000 10,000 parts 30 years $260 million 130,000 parts 3 parts 35 parts 1 year 2 years 1.5 years 3.5 years 4.5 years 3 people 5 people 100 people 800 people 6,800 people Development time Internal development team (peak size) External development team (peak size) Development cost Production investment 3 people 10 people 75 people 800 people 10,000 people $150,000 $750,000 $50 million $400 million $3 billion $150,000 $1 million $25 million $500 million $3 billion 2. Create a set of scatter charts by plotting each of the rows in Exhibit 1-3 against the development cost row. For each one, explain why there is or is not any correlation. (For example, you would first plot "annual production volume versus "development cost and explain why there seems to be no correlation. Then repeat for each of the remaining rows.) Stanley Tools Jobmaster Screwdriver Rollerblade In-Line Skate 100,000 units/year Hewlett-Packard DeskJet Printer 4 million units/year Volkswagen New Beetle Automobile Boeing 777 Airplane 50 units/year 100,000 units/year 100,000 units/year 3 years 2 years 6 years Annual production volume Sales lifetime Sales price Number of unique parts (part numbers) 40 years $5 $150 $130 200 parts $20,000 10,000 parts 30 years $260 million 130,000 parts 3 parts 35 parts 1 year 2 years 1.5 years 3.5 years 4.5 years 3 people 5 people 100 people 800 people 6,800 people Development time Internal development team (peak size) External development team (peak size) Development cost Production investment 3 people 10 people 75 people 800 people 10,000 people $150,000 $750,000 $50 million $400 million $3 billion $150,000 $1 million $25 million $500 million $3 billion