The simplest way to analyze a curvilinear relationship is, as you mentioned, to create a scatter plot
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The simplest way to analyze a curvilinear relationship is, as you mentioned, to create a scatter plot in order to visualize the relationship, and then more complex regression models can be calculated to provide more insight into the specific correlation levels between the two factors. From just the scatterplot, could you determine if a realtionship is strong or weak between two factors?
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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