What is a scatter plot?
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A scatter plot is a graphical representation that displays values for typically two variables for a set of data. Each point on the plot corresponds to an individual data point, with one variable represented along the x-axis and the other along the y-axis. This is a great way to visually spot correlations between the variables. If the points form a pattern or trend, it can indicate a relationship; for instance, a linear trend suggests a strong correlation! In the real world, scatter plots are widely used in fields like statistics, economics, and biology, among others! For instance, researchers might use them to analyze the relationship between temperature and ice cream sales, or a business might plot advertising spend against sales revenue to see if there's a correlation. By utilizing scatter plots, data analysts can effectively communicate complex information in an easily digestible format!