Prepare the scatter diagram, clearly showing any outliers.

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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Prepare the scatter diagram, clearly showing any outliers.

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The table below shows monthly data collected on production costs and on the number of
units produced over a twelve month period.
Level of Activity
(Units Produced)
Month
Total Production
Costs
July
$230,000
3,500
August
250,000
3,750
September
260,000
3,800
October
220,000
3,400
November
340,000
5,800
December
330,000
5,500
January
200,000
2,900
February
210,000
3,300
March
240,000
3,600
April
380,000
5,900
Маy
350,000
5,600
June
290,000
5,000
Transcribed Image Text:The table below shows monthly data collected on production costs and on the number of units produced over a twelve month period. Level of Activity (Units Produced) Month Total Production Costs July $230,000 3,500 August 250,000 3,750 September 260,000 3,800 October 220,000 3,400 November 340,000 5,800 December 330,000 5,500 January 200,000 2,900 February 210,000 3,300 March 240,000 3,600 April 380,000 5,900 Маy 350,000 5,600 June 290,000 5,000
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