Financial Information Analysis
Scatter plots are graphical representations that display values for two variables using Cartesian coordinates, where each point represents an observation in a dataset. This visual tool helps identify relationships or patterns between the variables, allowing analysts to observe correlations, trends, and outliers in data. By plotting one variable along the x-axis and another along the y-axis, scatter plots facilitate quick visual assessments of how the two variables may influence each other.
congrats on reading the definition of scatter plots. now let's actually learn it.