Required information

[The following information applies to the questions displayed below.]

Professor John Morton has just been appointed chairperson of the Finance Department at Westland University. In reviewing the departments cost records, Professor Morton has found the following total cost associated with Finance 101 over the last five terms:

Term	Number of Sections Offered			Total Cost
Fall, last year		4		$	10,000
Winter, last year		7		$	13,000
Summer, last year		3		$	8,000
Fall, this year		2		$	7,500
Winter, this year		5		$	12,000

Professor Morton knows that there are some variable costs, such as amounts paid to graduate assistants, associated with the course. He would like to have the variable and fixed costs separated for planning purposes.

Required:

1. Prepare a scattergraph plot. (Plot total cost on the vertical axis and number of sections offered on the horizontal axis.)

Instructions:

1. On the graph below, use the point tool (Fall last year) to plot number of sections offered on the horizontal axis and total cost on the vertical axis.

2. Repeat the same process for the plotter tools (winter last year to winter this year).

3. To enter exact coordinates, click on the point and enter the values of x and y.

4. To remove a point from the graph, click on the point and select delete option.