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For the Data Below: (A)Develop a Scatter Diagram

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For the data below: For the data below:   (a)Develop a scatter diagram. (b)Develop a three-month moving average. (c)Compute MAD. (a)Develop a scatter diagram.
(b)Develop a three-month moving average.
(c)Compute MAD.


Definitions:

Correction Factor

An adjustment applied to calculations to take into account changing conditions or to improve accuracy.

Population

The entire group of individuals or items that are the subject of a statistical study.

Confidence Interval

A breadth of numerical ranges, derived from samples' statistical outputs, presumed to enclose an unknown population parameter value.

Significance

A statistical concept indicating the likelihood that an observed effect or relationship is not due to chance, often demonstrated by a p-value.

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