The following data represent x the total number of businesses and y the number of business failures in mountain states over a 1-year period.
|
State
|
x = Number
of Businesses
|
y = Number
of Business
Failures
|
|
Arizona
|
146,672
|
1090
|
|
Colorado
|
156,891
|
2091
|
|
Idaho
|
46,787
|
312
|
|
Montana
|
43,961
|
191
|
|
Nevada
|
38,593
|
255
|
|
New Mexico
|
55,334
|
319
|
|
Utah
|
58,156
|
372
|
|
Wyoming
|
26,383
|
178
|
a. Draw a scatter diagram representing these data.
b. Using the "eyeball" method, fit a straight line to the data.
c. Does there appear to be any relationship between the variables? If so, is the relationship direct or inverse?