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Provide scatter diagram showing the relationship between IT Budget and Organization's Revenue. Create a trend line. Provide labels for X and Y axis Title the
Provide scatter diagram showing the relationship between IT Budget and Organization's Revenue. Create a trend line. Provide labels for X and Y axis Title the chart. Display revenues in millions. Display IT budget in thousands. (10 points) Use the following data: Fiscal Year Use ofOrganization's Revenue (in S) Budget EHR 2009 2010 2011 2012 2013 (in S) 200,00020,000130,000,000 230,00022,000133,000,000 275,00023,000137,000,000 300,00027,000 139,000,000 320,000 30,000140,000,000 Using the data from the previous question, calculate correlation between Organization's Revenue, Use of EHR and IT Budget? Calculate partial correlation and answer the question Is it reasonable to assume that IT is adding to the revenues generated by the organization or vice versa, that increased revenue is fueling increased expenditures on Ii (what comes first budget or revenue)? (10 points)
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