Data were collected on the typical cost of dining at American-cuisine restaurants within a 1-mile walking distance

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Data were collected on the typical cost of dining at American-cuisine restaurants within a 1-mile walking distance of a hotel located in a large city. The file contains the typical cost (a per transaction cost in $) as well as a Bundle score, a measure of overall popularity and customer loyalty, for each of 40 selected restaurants. (Data extracted from www.bundle.com via the link on-msn.com/MnlBxo.)
a. Construct a scatter plot with Bundle score on the X axis and typical cost on the Y axis.
b. What conclusions can you reach about the relationship between Bundle score and typical cost?
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Statistics For Managers Using Microsoft Excel

ISBN: 772

7th Edition

Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat

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