ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

QUALITY CONTROL

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which defines Scatter Diagram?
A
A chart that describes the steps in a process
B
An organised method of recording data
C
A graph of the value of one variable versus another variable
D
A distribution showing the frequency of occurances of a variable
Explanation: 

Detailed explanation-1: -A scatter diagram is used to examine the relationship between both the axes (X and Y) with one variable. In the graph, if the variables are correlated, then the point drops along a curve or line. A scatter diagram or scatter plot gives an idea of the nature of relationship.

Detailed explanation-2: -A scatter diagram is a two-dimensional graphical representation of a set of data. The scatter diagram graphs pairs numerical data with one variable on each axis to look for a relationship between them. If the variables are correlated, the points will fall along the line or curve.

Detailed explanation-3: -Expert-Verified Answer. If the points on the scatter diagram indicate that as one variable increases the other variable tends to decrease the value of r will be negative. Scatter diagram is a mathematical diagram. It is used to represent the relationship between two variables for a set of data.

Detailed explanation-4: -As discussed earlier, you can categorize the scatter diagram according to the slope, or trend, of the data points: Scatter Diagram with Strong Positive Correlation. Scatter Diagram with Weak Positive Correlation. Scatter Diagram with Strong Negative Correlation.

There is 1 question to complete.