Loan applications received Interest rate (%) Loan applications 18 6.5 22 5.5 30 6. 24 8 16 8.5 18 6 28 6.5 27 7.5 20 8 17 21
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A bank wanted to find out whether the number of loan applications received are influenced by the current loan interest rate. The manager selected 11 monthly periods for which different interest rates applied and recorded the number of loan applications received.
(b) Show the data graphically in a
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