Question: Suppose a scatterplot of (x,y) points looks like this: The correlation coefficient is about 0.97. You want to analyze the variable y, based on x.

Suppose a scatterplot of (x,y) points looks like this: The correlation coefficient is about 0.97. You want to analyze the variable y, based on x. What do you do next? Find the regression line for the (x,y) points. Try log-transformations before finding the regression line. Compute the coefficient of determination. Find the total sum of squares of the y-values

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