Given below is the scatter plot of the market value (thousands$)and profit (thousands$)of 50 U.S. companies. Higher market values appear to be associated with higher profits.
Definitions:
Beginning Inventory
The worth of products ready for purchase or utilization at the beginning of a financial period.
Beginning Inventory
The worth of merchandise ready for purchase at the beginning of a financial period.
Net Operating Income
The total profit of a business after operating expenses are subtracted from gross profit.
Estimated
Pertaining to figures or values that are approximations or predictions based on available data or trends.
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