Question

The regional transit authority for major metropolitan area wants to determine whether this relationship between the age of a bus and the annual maintenance cost. A sample of 10 buses resulted in the data located in the attached file above. Answer the following questions: Create a scatter chart using the data from the provided Excel file above. What does the scatter chart indicate about the relationship between age of a bus and annual maintenance cost

Answer 1

Answer Answer:

The scatter plot indicates that a positive linear relationship exists between the age of a car and its maintenance cost. This is depicted by the positive slope direction which indicates the maintainance cost of the car is will increase as the age of the car increases. If the correlation Coefficient of the data was calculated, a correlation Coefficient value of about 0.934 will be obtained.

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