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U5A6

Knowledge and application: one variable graphs and statistics

Two variable graphs and statistics


Interpretations and comparisons

The average consumption of coffee is higher than tea. The consumption of tea is more spread
out than consumption of coffee.
8, the slope of tea versus year is 2.638, which means the consumption of tea increases 2.638
units per year

The slope of coffee versus year is 0.6, which means the consumption of coffee increases 0.6
units per year.

The slope of coffee versus tea is 0.195, which means when coffee consumption increases 1 unit,
the tea consumption will increase 0.195 unit.

9, the y intercept of coffee versus tea is means that when tea consumption is zero, the coffee
consumption is around 86.

10, tea versus year R = 0.9


Coffee versus year R = 0.81
Coffee versus tea R = 0.77

11, can use equation to do interpolation and extrapolation.

12, common cause

Consolidation
Conclusions and recommendations

The consumption of coffee and tea will increase as year goes by.
The consumption of tea increases faster than the consumption of coffee. We should sell more
coffee in the future.

The coffee market is very stable and not expected to grow too much.

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