The Director of an Alumni Association for a Small College $\begin{array} { c c } \text { Years } x & \text { Contribution } y \\ 1 & 500 \\ 5 & 100 \\ 3 & 300 \\ 10 & 50 \\ 7 & 75 \\ 6 & 80 \end{array}$

question 18

Essay

The director of an alumni association for a small college wants to determine whetl there is any type of relationship between the amount of an alumnus' contribution ( dollars) and the number of years the alumnus has been out of school. The data fol
a. Draw the scatter plot for the variables.
b. Give a brief explanation of the type of relationship.
$\begin{array} { c c } \text { Years } x & \text { Contribution } y \\ 1 & 500 \\ 5 & 100 \\ 3 & 300 \\ 10 & 50 \\ 7 & 75 \\ 6 & 80 \end{array}$

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Definitions:

Financial Institution

An organization that provides financial services, such as banking, insurance, investment management, and loans to individuals, businesses, and governments.

Paid-In Capital

Funds raised by a company through the issuance of shares to shareholders, representing capital contributed to the business above the nominal or par value of the shares.

Par Value

The nominal or face value of a bond, share of stock, or other financial instrument.

Issue Price

The price at which new shares, bonds, or other securities are offered to the public or existing shareholders for sale.