Scatter Diagram

and
Trendline
A scatter diagram is
a graphical
presentation of the
relationship
between two
quantitative
variables, and a
trendline is a line
that provides an
approximation of
the relationship.
Measures of Location
Perhaps the most important measure of location is the mean, or average value, for a
variable. The mean provides a measure of central location for the data. If the data are for a
sample, the mean is denoted by 𝑥̅ ; if the data are for a population, the mean is denoted by
the Greek letter μ.
Measures of Location
The median is another measure of central location. The median is the value in the middle
when the data are arranged in ascending order (smallest value to largest value). With an
odd number of observations, the median is the middle value. An even number of
observations has no single middle value. In this case, we follow convention and define the
median as the average of the values for the middle two observations.