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The Following Data Shows the Price of PAO, Inc ​
A
Develop a Scatter Diagram and Draw a Trend Line

Question 26

Essay

The following data shows the price of PAO, Inc.stock over the last 8 months.  Month  Price 12.0822.0032.0341.9151.8861.8771.7081.67\begin{array} { l l } \text { Month } & \text { Price } \\1 & 2.08 \\2 & 2.00 \\3 & 2.03 \\4 & 1.91 \\5 & 1.88 \\6 & 1.87 \\7 & 1.70 \\8 & 1.67\end{array}
a.
Develop a scatter diagram and draw a trend line through the points.
b.
What kind of relationship exists between stock price and time (negative, positive, or no relation)?

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