A Random Sample of Scoring Leaders from the NHL Showed

question 66

Essay

A random sample of scoring leaders from the NHL showed the following number assists and total points. Based on the data, can it be concluded that there is a signi relationship between the two?
a. Draw the scatter plot for the variables.
b. Give a brief explanation of the type of relationship.
$\begin{array} { c c } \text { Assists } x & \text { Total Points } y \\ 26 & 48 \\ 29 & 68 \\ 32 & 66 \\ 34 & 69 \\ 36 & 76 \\ 37 & 67 \\ 40 & 84 \end{array}$

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Definitions:

Degree of Operating Leverage

A metric that measures a company's sensitivity of operating income to its sales, indicating the impact of fixed and variable costs.

Contribution Format Income Statement

An income statement that separates fixed and variable costs to highlight the contribution margin.

Operating Leverage

A measure of how sensitive a company's operating income is to a change in its revenues, indicating the proportion of fixed costs in the company's cost structure.

Contribution Format Income Statement

An income statement format that separates fixed costs from variable costs, thus showing the contribution margin.