Description of scatter diagram in excel

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Reference no: EM1398479

Given the following data, create a scatter diagram (using Excel), click on the points as demonstrated in the Excel workbook, and have Excel place the regression equation and coefficient of correlation on the graph for you. Interpret the results (in English).

Years of Education Annual Income (000's)

6 10

7 13

8 15

7 14

9 16

12 21

11 22

14 20

16 19

20 45

13 35

15 36

Reference no: EM1398479

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