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Analyze Scatterplots and Correlation Coefficients

Question 13

Essay

Analyze scatterplots and correlation coefficients.
-Suppose the marketing manager who was earning $129,420 got a raise and is now
earning $140,000. Indicate how this change would affect the following summary
statistics (increase, decrease, or stay about the same):
a. Mean
b. Median
c. Range
d. IQR
e. Standard deviation

Correct Answer:

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Increase.
Stay the s...

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