When businesses produce a product, they encounter both fixed and variable costs. While fixed costs remain the same regardless of the number of products produced, variable costs change. To determine ...
A line of best fit is drawn on the scatter diagram. It is drawn so that the points are evenly distributed on either side of the line. There are various methods for drawing this 'precisely' but you ...
Scatter graphs are used to represent and compare two sets of data. By looking at a scatter graph, we can see whether there is any connection (correlation) between the two sets of data. Matt sells ...