Quick, the statisticians are coming—everyone scatter!
Scattergraphs are those graphs that have a bunch of dots scattered everywhere. If it’s a line of scattered dots, there’s some kind of relationship there. If the dots are scattered everywhere, no relation.
The scattergraph method is a way that firms use the scattergraph to map out total costs against units of a good. The total costs, on the vertical y-axis, include both fixed and variable costs. On the x-axis, the quantity of the good (i.e. “units” in biz-speak…”quantity” is more econ-speak).
Scattergraphs using the scattergraph method usually show a line(ish) going from bottom left to upper right. As more units are produced, costs rise. Since the scattergraph method uses total costs, it’s a great visual representation for how much a certain level of production will cost, helping firms figure out their budgets.
Still, the scattergraph method is just an estimate, not a finely tuned tool. Things happen; there could be a shortage of a variable input, a drop in demand...you never know.
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Finance: What is Trading Volume?29 Views
finance a la shmoop what is training volume training volume with a lot of
volume and this is trading with okay yeah yeah you get the idea [Man shouting into megaphone]
volume here is not about number 11 on the dial but rather about the number of [Person turning up volume dial]
shares trading back and forth on a given day week hour a month and generally
speaking higher levels of volume are a relatively bullish sign for the market [Water pouring]
on all else being equal that is optimistic investors are putting money
into the system buying up stocks and contributing liquidity like they are [Investor money transfer to stock market]
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low volume low liquidity and high is good
Inessa not just a california proposition 64 thing high volumes are attractive to [People protesting for cannabis]
large institutional professional traders and investors because there remains the
perception that if they want to sell a given position well then with high
volumes they can get out quickly so they feel less hesitation about getting in
quickly okay good just checking [Man shouting into megaphone]