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2. In a small town, there are 15 restaurants. The attached Excel file (sheet 2) lists the average meal prices and the number of customers
2. In a small town, there are 15 restaurants. The attached Excel file (sheet 2) lists the average meal prices and the number of customers (in hundreds) for these restaurants.
Draw a scatter diagram on the Excel file. Explain in the space below what it tells us about the relationship between the prices that the restaurants are charging and the number of customers they receive. How can restaurants use this information in their future pricing decisions.
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