The number of houses sold in Miami Springs and the average monthly mortgage rates for 18 months randomly selected between January 2011 and April 2013 are shown in the following table.
a.
Draw a scatter diagram with the number of houses sold on the vertical axis.
b.
Describe the relationship between mortgage rate and number of houses sold.
Definitions:
Frequent Use
Regular engagement or application of a service, product, or facility.
Colorful Murals
Large, often public, paintings or artworks on walls that are notable for their vibrant and diverse colors.
Commercial Bank
A financial institution that offers services such as accepting deposits, providing loans, and offering basic investment products to the public.
Strictly Business
Attitudes or actions that are focused solely on business matters, usually implying a formal or serious approach.
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