BBM1312-Business Statistics

2. Organizing and Visualizing Data

2.1. Data Collection

2.2. Organizing Categorical data

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2.3. Organizing numerical data

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2.4. Visualizing categorical data

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2.5. Visualizing numerical data

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2.6. Visualizing two numerical variables

Table presents the revenues and value (both in millions of dollars) for all 30 NBA
professional basketball teams.

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Reviewing Figure 2.7, you see that there appears to be a very strong increasing
(positive) relationship between revenues and the value of a team. In other words, teams
that generate a smaller amount of revenues have a lower value, while teams that
generate higher revenues have a higher value.

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