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8. Look at a scatterplot of data comparing a person's annual income to his/her age. 60000 50000 X 40000 X X Median Income 30000 X

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8. Look at a scatterplot of data comparing a person's annual income to his/her age. 60000 50000 X 40000 X X Median Income 30000 X 20000 10000 20 40 60 Age -10000 Now consider the following statement made by a student studying elementary statistics: Clearly, there is no association between age and income, because the correlation coefficient is only 0.012. Explain what is wrong with the comment

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