Following question is of Business Analytics. Please guide: a) Analyse the below visualization and explain the type of chart, on which scale the data is measured, and what kind of relationship it is measuring. b) Explain what role data visualization play in the data modelling process in data science problem by studying this chart.

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter1: Functions
Section1.1: Functions Given By Formulas
Problem 2TU: What is your monthly payment if you borrow 5000 at a monthly rate of 0.61 and pay it off in 5 years?
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Following question is of Business Analytics. Please guide: a) Analyse the below visualization and explain the type of chart, on which scale the data is measured, and what kind of relationship it is measuring. b) Explain what role data visualization play in the data modelling process in data science problem by studying this chart.
Current Salary
Realtionship b/w Beginning Salary and Current Salary
*70,000.00
60,000.00
*50,000.00
40,000.00
30,000.00
*20,000.00
10,000.00
y=0.4281x + 2541.5
R2=0.786.
*20,000.00 40,000.00 60,000.00 80,000.00 1,00,000.00 1,20,000.00
Beginning Salary
Transcribed Image Text:Current Salary Realtionship b/w Beginning Salary and Current Salary *70,000.00 60,000.00 *50,000.00 40,000.00 30,000.00 *20,000.00 10,000.00 y=0.4281x + 2541.5 R2=0.786. *20,000.00 40,000.00 60,000.00 80,000.00 1,00,000.00 1,20,000.00 Beginning Salary
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