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File IBD provides financial data for a sample of 36 companies whose stocks trade on the New York Stock Exchange. The data on Sales/Margins/ROE are

File IBD provides financial data for a sample of 36 companies whose stocks trade on the New York Stock Exchange. The data on Sales/Margins/ROE are a composite rating based on a companys sales growth rate, its profit margins, and its return on equity(ROE). EPS Rating is a measure of growth in earnings per share for the company. Refer to the data in file IBD.

a.Prepare a scatter diagram of the data on EPS Rating and Relative Price Strength.

b.Comment on the relationship, if any, between the variables. (Relative Price Strength is a measure of the change in stocks price over the past 12 months. Higher values indicate greater strength.

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