The following data shows the price of PAO, Inc. stock over the last eight months.
$\begin{array}{|c|c|}
\hline \text { Month } & \text { Price } \$ \text { ) } \
\hline 1 & 2.08 \
\hline 2 & 2.00 \
\hline 3 & 2.03 \
\hline 4 & 1.91 \\hline 5 & 1.88 \
\hline 6 & 1.87 \
\hline 7 & 1.70 \
\hline 8 & 1.67 \
\hline
\end{array}$
a. Develop a scatter diagram and draw a trend line through the points.
b. What kind of relationship exists between stock price and time negative, positive, or no relation)?

Question

The following data shows the price of PAO, Inc. stock over the last eight months.
 $\begin{array}{|c|c|}
\hline \text { Month } & \text { Price } \$ \text { ) } \
\hline 1 & 2.08 \
\hline 2 & 2.00 \
\hline 3 & 2.03 \
\hline 4 & 1.91 \\hline 5 & 1.88 \
\hline 6 & 1.87 \
\hline 7 & 1.70 \
\hline 8 & 1.67 \
\hline
\end{array}$ 
a. Develop a scatter diagram and draw a trend line through the points.
b. What kind of relationship exists between stock price and time negative, positive, or no relation)?

Quizplus · Accepted Answer

The Answer of The following data shows the price of PAO, Inc. stock over the last eight months.
 $\begin{array}{|c|c|}
\hline \text { Month } & \text { Price } \$ \text { ) } \
\hline 1 & 2.08 \
\hline 2 & 2.00 \
\hline 3 & 2.03 \
\hline 4 & 1.91 \\hline 5 & 1.88 \
\hline 6 & 1.87 \
\hline 7 & 1.70 \
\hline 8 & 1.67 \
\hline
\end{array}$ 
a. Develop a scatter diagram and draw a trend line through the points.
b. What kind of relationship exists between stock price and time negative, positive, or no relation)?

The Following Data Shows the Price of PAO, Inc A Develop a Scatter Diagram and Draw a Trend Line