Consider the following data on 30 different investments and their maturity values after 15 years. $$\begin{array} { | r | r | }
\hline \text { Investment (\$) } & \text { Future value (\$) } \
\hline 1500 & 3119 \
\hline 2000 & 4158 \
\hline 2200 & 4574 \
\hline 2480 & 5156 \
\hline 2850 & 5925 \
\hline 3250 & 6757 \
\hline 3560 & 7401 \
\hline 3890 & 8088 \
\hline 4180 & 8690 \
\hline 4390 & 9127 \
\hline 4550 & 9460 \
\hline 4800 & 9979 \
\hline 5150 & 10707 \
\hline 5320 & 11060 \
\hline 5510 & 11455 \
\hline 5760 & 11975 \
\hline 6140 & 12765 \
\hline 6300 & 13098 \
\hline 6480 & 13472 \
\hline 6590 & 13701 \
\hline 6712 & 13954 \
\hline 6900 & 14345 \
\hline 7110 & 14782 \
\hline 7480 & 15551 \
\hline 7590 & 15780 \
\hline 7670 & 15946 \
\hline 7700 & 16008 \
\hline 7840 & 16299 \
\hline 8010 & 16653 \
\hline 8500 & 17671 \
\hline
\end{array}$$
a. Prepare a scatter diagram to show the relationship between the variables Investment and Future value. Comment on any relationship between the variables.
b. Create a trendline for the relationship between Investment and Future value.What does the trendline indicate about this relationship?

Question

Consider the following data on 30 different investments and their maturity values after 15 years. $$\begin{array} { | r | r | } 
\hline \text { Investment (\$) } & \text { Future value (\$) } \
\hline 1500 & 3119 \
\hline 2000 & 4158 \
\hline 2200 & 4574 \
\hline 2480 & 5156 \
\hline 2850 & 5925 \
\hline 3250 & 6757 \
\hline 3560 & 7401 \
\hline 3890 & 8088 \
\hline 4180 & 8690 \
\hline 4390 & 9127 \
\hline 4550 & 9460 \
\hline 4800 & 9979 \
\hline 5150 & 10707 \
\hline 5320 & 11060 \
\hline 5510 & 11455 \
\hline 5760 & 11975 \
\hline 6140 & 12765 \
\hline 6300 & 13098 \
\hline 6480 & 13472 \
\hline 6590 & 13701 \
\hline 6712 & 13954 \
\hline 6900 & 14345 \
\hline 7110 & 14782 \
\hline 7480 & 15551 \
\hline 7590 & 15780 \
\hline 7670 & 15946 \
\hline 7700 & 16008 \
\hline 7840 & 16299 \
\hline 8010 & 16653 \
\hline 8500 & 17671 \
\hline
\end{array}$$ 
a. Prepare a scatter diagram to show the relationship between the variables Investment and Future value. Comment on any relationship between the variables.
b. Create a trendline for the relationship between Investment and Future value.What does the trendline indicate about this relationship?

Quizplus · Accepted Answer

The Answer of Consider the following data on 30 different investments and their maturity values after 15 years. $$\begin{array} { | r | r | } 
\hline \text { Investment (\$) } & \text { Future value (\$) } \
\hline 1500 & 3119 \
\hline 2000 & 4158 \
\hline 2200 & 4574 \
\hline 2480 & 5156 \
\hline 2850 & 5925 \
\hline 3250 & 6757 \
\hline 3560 & 7401 \
\hline 3890 & 8088 \
\hline 4180 & 8690 \
\hline 4390 & 9127 \
\hline 4550 & 9460 \
\hline 4800 & 9979 \
\hline 5150 & 10707 \
\hline 5320 & 11060 \
\hline 5510 & 11455 \
\hline 5760 & 11975 \
\hline 6140 & 12765 \
\hline 6300 & 13098 \
\hline 6480 & 13472 \
\hline 6590 & 13701 \
\hline 6712 & 13954 \
\hline 6900 & 14345 \
\hline 7110 & 14782 \
\hline 7480 & 15551 \
\hline 7590 & 15780 \
\hline 7670 & 15946 \
\hline 7700 & 16008 \
\hline 7840 & 16299 \
\hline 8010 & 16653 \
\hline 8500 & 17671 \
\hline
\end{array}$$ 
a. Prepare a scatter diagram to show the relationship between the variables Investment and Future value. Comment on any relationship between the variables.
b. Create a trendline for the relationship between Investment and Future value.What does the trendline indicate about this relationship?

Consider the Following Data on 30 Different Investments and Their