| Scatter Plots |
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Scatter plots are a method of graphically displaying bivariate data. |
Example bivariate data is displayed below. Our two variables are age and yearly income.
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Figure 1. |
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What is the relationship between age and yearly income?
The relationship can be plotted on a scatter plot. Below, age is on the x-axis, while yearly income is on the y-axis:
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Figure 2. |
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Just by looking at the graph, it would appear that as age inceases, yearly income increases. It is a fairly good bet that our variables are related.