The scatter plot below shows the relationship between the va

The scatter plot below shows the relationship between the value of several cars and the ages of the cars, in years. a. Does the scatter plot show a positive, negative, or no relationship? Explain. b. Draw a conclusion about the relationship between the value of a car and the car\'s age. c. About how much would you expect a car that is 5 years old to be worth? Explain.

Solution

Negative correlation
because if we try and draw a line, the line will be sloping downward as we see from left to right

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Shows that the value of a car decreases with age.

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Well, line of best fit will clearly pass through (5,10) approx

So, a 5 yr old car will be 10*1000 = $ 10000 worth