Question
Table #2.3.7 contains the value of the house and the amount of rental income in a year that the house brings in (Capital and rental,
Table #2.3.7 contains the value of the house and the amount of rental income in a year that the house brings in ("Capital and rental," 2013).Create a scatter plot and state if there is a relationship between the value of the house and the annual rental income.
Table #2.3.7: Data of House Value versus Rental
Value
Rental
Value
Rental
Value
Rental
Value
Rental
81000
6656
77000
4576
75000
7280
67500
6864
95000
7904
94000
8736
90000
6240
85000
7072
121000
12064
115000
7904
110000
7072
104000
7904
135000
8320
130000
9776
126000
6240
125000
7904
145000
8320
140000
9568
140000
9152
135000
7488
165000
13312
165000
8528
155000
7488
148000
8320
178000
11856
174000
10400
170000
9568
170000
12688
200000
12272
200000
10608
194000
11232
190000
8320
214000
8528
208000
10400
200000
10400
200000
8320
240000
10192
240000
12064
240000
11648
225000
12480
289000
11648
270000
12896
262000
10192
244500
11232
325000
12480
310000
12480
303000
12272
300000
12480
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