The following data represent the net profits made by a sample of 25 companies that operate in real-state sector.   56 97 78 61 79 93 84 76 58 92 89 96 42 44 85 77 53 88 62 84 62 82 75 95 89   1) Choose the best graphical presentation and justify your answer. 2) Based on your answer in (1), construct the selected graphical presentation and comment on the results. Based on your answer in (2), do you think the sector performance is satisfactory? Justify your answ

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter7: Distance And Approximation
Section7.3: Least Squares Approximation
Problem 31EQ
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The following data represent the net profits made by a sample of 25 companies that operate in real-state sector.

 

56

97

78

61

79

93

84

76

58

92

89

96

42

44

85

77

53

88

62

84

62

82

75

95

89

 

1) Choose the best graphical presentation and justify your answer.

2) Based on your answer in (1), construct the selected graphical presentation and comment on the results.

Based on your answer in (2), do you think the sector performance is satisfactory? Justify your answer.

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