Draw a scatter diagram representing given data

Reference no: EM131403322

The following data represent x the total number of businesses and y the number of business failures in mountain states over a 1-year period.

State	x = Number of Businesses	y = Number of Business Failures
Arizona	146,672	1090
Colorado	156,891	2091
Idaho	46,787	312
Montana	43,961	191
Nevada	38,593	255
New Mexico	55,334	319
Utah	58,156	372
Wyoming	26,383	178

a. Draw a scatter diagram representing these data.

b. Using the "eyeball" method, fit a straight line to the data.

c. Does there appear to be any relationship between the variables? If so, is the relationship direct or inverse?

Reference no: EM131403322

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