A scatter diagram is a way to show the relationship between disposable income and consumer expenditures.

Question

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A scatter diagram is commonly used to show the relationship between two variables, in this case, disposable income and consumer expenditures. The diagram consists of plotted points that represent the value of both variables for each observation. By examining the pattern of the points, we can determine if there is a relationship between the two variables and the strength and direction of that relationship.

A Scatter Diagram Is a Way to Show the Relationship