Question

Fusion Foods owns several restaurants in a city that has recently raised the minimum wage to $15 per hour. The wage hike will happen over a period of four years, with an increase of $1.25 taking place each February. Fusion Foods executives are interested to see if there is a relationship between the change in the minimum wage and the profits of their restaurants, which cater to different target markets. What type of visual would best help Fusion Foods reveal a correlation?

A.a decision tree
B.a Gantt chart
C.a scatter diagram
D.a stacked column chart
E.a pictograph

Answer 1

A scatter diagram

Explanation:

A scatter diagram also called a scatter plot. This scatter diagram shows the relation between the two variables. It measured the variables on the same set of individuals. This diagram is specially used to show the relationship between two variables.

It can show the inverse relationship between two variables. When the relationship develops between two variable then linear regression is used to see the curve for the best fit.

Thus here Fusion Food restaurant executive wants to see the relationship between minimum wages and the profit of their restaurant that can cater to the different competitive markets. Thus there correlation can be seen at a scatter plot.