The following data shows the price of PAO, Inc stock over the last 8 months Month Price 1 2 08 2 2 00 3 2 03 4 1 91 5 1 88 6 1 87 7 1 70 8 1 67 a Develop a scatter diagram and draw a trend line through the points b What kind of relationship exists between stock price and time (negative, positive, o...

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The following data shows the price of PAO, Inc. stock over the last 8 months. Month Price

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The following data shows the price of PAO, Inc. stock over the last 8 months.

Month	Price
1	2.08
2	2.00
3	2.03
4	1.91
5	1.88
6	1.87
7	1.70
8	1.67

a.	Develop a scatter diagram and draw a trend line through the points.
b.	What kind of relationship exists between stock price and time (negative, positive, or no relation)?

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Understanding Basic Statistics

ISBN: 978-1111827021

6th edition

Authors: Charles Henry Brase, Corrinne Pellillo Brase

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Posted Date: Jun 20, 2022 07:30 AM

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The following data shows the price of PAO, Inc. stock over the last 8 months. Month Price

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Understanding Basic Statistics

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