scatter graph


scatter graph
A graph that plots the patterns of items in relation to two variables set out along the x and y axes. From a scatter graph, a pattern of *correlation between the plotted points can be estimated by visually drawing a line of best fit among the points, or calculated more precisely by regression analysis. Although easy to prepare and understand, the results of scatter graph analysis should be treated with caution, owing to the subjectivity involved in estimations of a line of best fit.

Auditor's dictionary. 2014.

Look at other dictionaries:

  • scatter-graph —   a graph which plots values by the use of dots. The dependent variable usually goes on the y axis and the independent variable on the x axis. The values are plotted as coordinates …   Geography glossary

  • scatter diagram — ➔ diagram * * * scatter diagram UK US noun [C] (also scatter chart, also scattergram, also scatter graph, also scatter plot) GRAPHS & CHARTS …   Financial and business terms

  • scatter diagram — A graph on which observations are plotted on the y axis for events on the x axis. For example, the wages incurred (y axis) for each level of activity (x axis) would produce a scatter graph from which a relationship can be established between the… …   Accounting dictionary

  • scatter diagram — A graph on which observations are plotted on the y axis for events on the x axis. For example, the wages incurred (y axis) for each level of activity (x axis) would produce a scatter graph from which a relationship can be established between the… …   Big dictionary of business and management

  • scatter diagram — UK / US noun [countable] Word forms scatter diagram : singular scatter diagram plural scatter diagrams maths a graph that shows numbers or amounts as points. A straight line is drawn through as many points as possible in order to show the general …   English dictionary

  • Scatter Chart —    In technical analysis, these charts illustrate the degree of correlation in a market between two different financial instruments, such as two shares or two bonds, by showing the value for one plotted against the value of the other. The X axis… …   Financial and business terms

  • scatter diagram — (also scatter plot or scattergram) noun Statistics a graph in which the values of two variables are plotted along two axes, the pattern of the resulting points revealing any correlation present …   English new terms dictionary

  • scatter diagram — noun Etymology: scatter (III) : a two dimensional graph in rectangular coordinates consisting of points whose coordinates represent corresponding values of two variables whose relationship is being studied called also scattergram, scattergraph,… …   Useful english dictionary

  • scatter diagram — noun Date: 1925 a two dimensional graph in rectangular coordinates consisting of points whose coordinates represent values of two variables under study …   New Collegiate Dictionary

  • scatter diagrams — Sometimes referred to as ‘scattergrams’, these are two dimensional representations of the relationship between pairs of variables , achieved by plotting each individual case on a graph as in the hypothetical example shown below. The diagram thus… …   Dictionary of sociology