The Following Data Shows the Price of PAO, Inc ​
A
Develop a Scatter Diagram and Draw a Trend Line

question 26

Essay

The following data shows the price of PAO, Inc.stock over the last 8 months. $$\begin{array} { l l } \text { Month } & \text { Price } \\1 & 2.08 \\2 & 2.00 \\3 & 2.03 \\4 & 1.91 \\5 & 1.88 \\6 & 1.87 \\7 & 1.70 \\8 & 1.67\end{array}$$ ​
a.
Develop a scatter diagram and draw a trend line through the points.
b.
What kind of relationship exists between stock price and time (negative, positive, or no relation)?

---

Definitions:

Negative Covenants

Restrictions placed on a borrower by a lender, prohibiting certain actions or requiring specific behaviors to protect the lender’s interests.

Affirmative Covenants

Affirmative covenants are conditions set in financial agreements that require the borrower to perform certain actions, ensuring financial stability and protecting the lender's interests.

Affirmative Covenants

Clauses in a loan agreement that require the borrower to perform certain actions to maintain the terms of the loan.

Borrower Must

Requirements or conditions that a borrower is obliged to meet in order to qualify for a loan or maintain its good standing.