Question: Exercise E4-7 - Scattergraph Reef Office Supplies is interested in estimating the relationship between customer service costs and sales. The following data are available: Month

Exercise E4-7 - Scattergraph
Reef Office Supplies is interested in estimating the relationship between customer service costs and sales. The following data are available:
Month
Customer Service Cost
Sales
May $9,740 $170,000
June $10,100 $210,000
July $10,690 $230,000
August $12,750 $255,000
September $13,830 $275,000
Required
a. Prepare a scattergraph of customer service cost (vertical axis) and sales (horizontal axis). b. Comment on whether there appears to be a linear relation between cost and sales and whether any of the observations appear to be outliers.

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