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Accounting
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Archer Company is a wholesaler of custom-built air-conditioning units for commercial buildings. It gathered the following monthly data relating to units shipped and total shipping expense:
Month
Units Shipped
Total Shipping Expense
January
3
$ 1,800
February
6
$ 2,300
March
4
$ 1,700
April
5
$ 2,000
May
7
$ 2,300
June
8
$ 2,700
July
2
$ 1,200
Required:
1-a. Prepare a scattergraph using the data given above. Plot cost on the vertical axis and activity on the horizontal axis.
Instructions:
1. On the graph below, use the point tool (January) to plot units shipped on the horizontal axis and the shipping expense on the vertical axis.
2. Repeat the same process for the plotter tools (February to July).
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.
1-b. Is there an approximately linear relationship between shipping expense and the number of units shipped? Yes No 1-b. Is there an approximately linear relationship between shipping expense and the number of units shipped? Yes No
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