Concept explainers
To graph: The
Explanation of Solution
Given information:
The data of sales of single family homes for 6 consecutive months is provided below,
Graph:
Consider the data of sales of single family homes for 6 consecutive months that is provided below,
On the Cartesian plane, the x -axis represent median price and y -axis denote the number sold in thousands
Plot the ordered pairs on the Cartesian plane.
Interpretation:
It is observed that as the median price increases the number sold in thousands decreases. Points seems to be collinear.
Therefore, there is a high
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