Question: Question 32 (1 point) The following is a scatterplot for profits versus sales (in tens of thousands of dollars) of 12 companies selected randomly from


Question 32 (1 point) The following is a scatterplot for profits versus sales (in tens of thousands of dollars) of 12 companies selected randomly from the year 1986 Forbes 500 list of companies. The correlation between Sales and Profits is 0.934. Prot! 0 10000 20000 30000 40000 50000 Sda If we omitted the observation in the far upper-right corner of the scatterplot, the correlation would If we omitted the observation in the far upper-right corner of the scatterplot, the correlation would change very little. increase (because omitting the outlier would make the scatterplot look more linear). decrease (because omitting the outlier would make the scatterplot look less linear) There isn't enough information to say. increase (because omitting the outlier would make the scatterplot look less linear). decrease (because omitting the outlier would make the scatterplot look more linear)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
