Summarize how this week's visualization and probability tools helped you in your analysis for the following information Understanding the factors that influence the cost of living in urban centers is crucial for both individuals and policymakers. This paper investigates the relationship between grocery prices and the overall cost of living across a selection of seven cities. Using the Groceries Index as an independent variable and the Cost-of-Living Index as a dependent variable, we analyze the correlation between these two factors. We present a table detailing the Groceries Index and Cost of Living Index for each city, followed by a scatterplot visualizing the data and a regression line representing the linear relationship between the two variables. The equation of the trend line and the R-squared value are also displayed to quantify the strength and direction of this relationship.

Understanding the factors that influence the cost of living in urban centers is crucial for both individuals and policymakers. This paper investigates the relationship between grocery prices and the overall cost of living across a selection of seven cities. Using the Groceries Index as an independent variable and the Cost-of-Living Index as a dependent variable, we analyze the correlation between these two factors. We present a table detailing the Groceries Index and Cost of Living Index for each city, followed by a scatterplot visualizing the data and a regression line representing the linear relationship between the two variables. The equation of the trend line and the R-squared value are also displayed to quantify the strength and direction of this relationship