An insurance company is interested in determining whether life insurance coverage is influenced linearly by disposable income. A randomly chosen sample of size 20 produced the data shown in given Table. Construct a scatterplot. What conclusions can you draw?
|
Disposable Income
($ thousands)
|
Life Insurance Coverage
($ thousands)
|
Disposable Income
($ thousands)
|
Life Insurance Coverage
($ thousands)
|
|
45
|
60
|
65
|
80
|
|
40
|
58
|
60
|
90
|
|
65
|
100
|
45
|
50
|
|
50
|
50
|
40
|
50
|
|
70
|
120
|
55
|
70
|
|
75
|
140
|
55
|
60
|
|
70
|
100
|
60
|
80
|
|
40
|
50
|
75
|
120
|
|
50
|
70
|
45
|
50
|
|
45
|
60
|
65
|
70
|