A Scatter diagram is basically a tool that defines the relationship between the x-axis and y-axis with one variable. The symbol for correlation is denoted by “r”. In the scatter diagram, we can say the correlation is perfect if all the points are going straight in one line. And if not going straight and its points are scattered widely on the graph then we can say it is a negative correlation.
Source: thenounproject
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Alden Co.’s monthly sales and cost data for its operating
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Alden Co.’s monthly sales and cost data for its operating
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