Describe the relationship between number of tourists

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Tourism spending. The Association of Turkish Travel Agencies reports the number of foreign tourists visiting Turkey and tourist spending by year.20 Three plots are provided: scatterplot showing the relationship between these two variables along with the least squares fit, residuals plot, and histogram of residuals.

1132_Tourism spending.png

(a) Describe the relationship between number of tourists and spending.

(b) What are the explanatory and response variables?

(c) Why might we want to fit a regression line to these data?

(d) Do the data meet the conditions required for fitting a least squares line? In addition to the scatterplot, use the residual plot and histogram to answer this question.

Reference no: EM131826773

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