Friday, July 19, 2013

Scatterplot

This plot was taken from http://www.netmba.com/statistics/plot/scatter/

This is a good example of a scatterplot.  A scatterplot is a type of graph where points are plotted on an X-Y axis.  It always involves two variables and it lets the viewer of the graph know what type of relationship these variables have with each other.  The explanatory variable is usually on the x-axis and the response variable is usually on the y-axis.  In this example there is a positive, linear, and medium to strong relationship.

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