Assignment: Scatter Plots Investigation The data shown gives the age and resale value of a random se

Assignment:
Scatter Plots Investigation

The
data shown gives the age and resale value of a random selection of cars that
are all the same make and model.

Age
of Car
(months)

Resale
Value

Age
of Car
(months)

Resale
Value

2

$24,200

16

$17,200

13

$16,800

18

$17,300

9

$18,200

7

$18,700

4

$20,900

26

$16,100

20

$16,700

11

$17,600

5

$19,500

23

$16,800

1. Create a clearly labeled scatter plot
that shows the relationship between the age of the car and its resale value.

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Use the scatter plot you created to
answer the following questions. Be sure to include at least two module
vocabulary words in your responses.(outcomes, permutation, population, revenue, sample, sample
space, statistics, biased sample, combination, complementary event, dependent
events, event, experiment, independent events, institute, millennium, mutually,
exclusive events)

2. Would you describe the association
between the age of the car and its resale value as exhibiting a linear
association, non-linear association, or no association? Explain your reasoning.

3. Would you describe the association
between the age of the car and its resale value as exhibiting a positive
association, negative association, or no association? Explain your reasoning.