A graph plotted with dots or some other symbol at each data point. Also called a "scatter plot" or "dot chart." THIS DEFINITION IS FOR PERSONAL USE ONLY. All other reproduction requires permission.
While scatterplots provide a visual assessment of the relationship between variables, the correlation coefficient offers a numerical measure of the strength and direction of a linear relationship. The ...
A line of best fit is drawn on the scatter diagram. It is drawn so that the points are evenly distributed on either side of the line. There are various methods for drawing this 'precisely' but you ...