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Scatter diagram studies correlation between two variables but it does not measure the precise extent of correlation. In the context of above statement explain the merits and demerits of scatter diagram.

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Merits Demerits It can be easily understood and interpreted. Scatter diagrams do not measure the precise extent of correlation. Values of extreme items do not make any difference. Such points are always isolated in diagram. Scatter diagram shows only a quantitative expression...
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Merits Demerits

It can be easily understood and interpreted.

Scatter diagrams do not measure the precise extent of correlation.

Values of extreme items do not make any difference.

Such points are always isolated in diagram.

Scatter diagram shows only a quantitative expression of the quantitative change.
   
   
   
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GIVE ME ACCOUNTANCY PROBLEM I WILL GIVE YOU SATISFIED SOLUTION.

Merit Scatter diagram give quick over view of positive or negative correlation aming two variables. Demerit Lack of preciseness in correlation.
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