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A Canadian grocery store chain has just acquire another chain of grocery stores with different target customers from the first. Before reviewing its new product

A Canadian grocery store chain has just acquire another chain of grocery stores with different target customers from the first. Before reviewing its new product distribution policy, following this acquisition, the chain of stores appointed an analyst to study the markets represented by urban agglomerations whose populations are located between 23,000 and 110,000 inhabitants. To do this, we analyze the data relating to a sample of 49 branches of the chain. The variables on which the information collected relates are: VNT, the branch's annual sales volume in thousands of $ for the previous year; POP, the estimated population in thousands of inhabitants of the urban agglomeration served by the branch during the previous year;

NBM, the number of stores, of the same type as those of the chain studied, in operation for a year in the urban area served by the branch (this number includes the branch).

Branches

VNT

POP

NBM

S1

4 197

89,5

8

S2

4 622

92,6

8

S3

4 721

96,3

8

S4

6 817

98,4

7

S5

6 747

99,5

7

S6

4 830

25,4

2

S7

3 490

27,3

3

S8

3 785

30,4

3

S9

2 785

33,6

4

S10

5 608

36,0

3

S11

4 753

75,9

7

S12

6 516

77,0

5

S13

7 552

81,3

5

S14

5 166

86,2

7

S15

4 652

87,5

8

S16

4 021

39,2

4

S17.

7 509

42,9

3

S18

5 750

43,6

4

S19

5 750

47,2

4

S20

2 370

47,7

6

S21

3 490

65,7

7

S22

8 759

66,3

4

S23

3 325

69,2

7

S24

7 583

71,1

5

S25

6 247

71,4

5

S26

3 170

62,4

6

S27

8 406

63,4

4

S28

3 915

64,9

7

S29

3 323

65,5

7

S30

4 892

50,2

5

S31

9 692

51,5

3

S32

3 800

52,1

5

S33

4 896

65,1

5

S34

7 612

61,1

4

S35

6 737

99,5

7

S36

4 820

25,4

2

S37

3 480

27,3

3

S38

3 775

30,4

3

S39

2 775

33,6

4

S40

5 600

36

3

S41

4 743

75,9

7

S42

6 507

77

5

S43

7 542

81,3

5

S44

5 146

86,2

7

S45

4 642

87,5

8

S46

4 011

39,2

4

S47

7 500

42,9

3

S48

5 740

43,6

4

S49

5 750

47,2

4

After rejecting the first model tested, the analyst tries a second in which the sales volume of a branch is explained by potential customers that it serves, which he defines as the estimated population of the agglomeration served divided by the number of stores of the same type as the chain studied for this city. It is therefore necessary to define a new variable POPL = POP/ NBM and to postulate model 2: VNT = b0 + b1 POPL. With Excel's Graphical Assistant, draw the point cloud by taking as x-axis (X) the variable "POPL" and as y-axis (Y) the variable "VNT

Does the new point cloud suggest a linear connection between these two variables: VNT and POPL? Explain

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