Respuesta :
Answer:
Scatter plots help visually illustrate relationships between two economic phenomena, such as employment and output, inflation and retail sales, and taxes and economic growth.
Step-by-step explanation:
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Answer:
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- A scatterplot is a type of data chart that shows the relationship between two numerical variables.
Examples of how scatterplots are used in the real-life world include:↓
1. The correlation between the height of an individual and their weight.
2. The correlation number of hours spent by a student in watching movies and his exam scores.
3. In Economics, scatterplots are also applicable in the correlation between inflation and retail sales of commodities.
- Hope this helps!
- Have a Wonderful Day!
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