Example of a matrix plot of each Y versus each X

A business analyst wants to study 22 successful small-to-medium size manufacturing companies. The analyst collects data on the number of clients, rate of return, sales, and the years the companies have been in business.

As part of the initial investigation, the analyst creates a matrix plot of each Y versus each X to examine the relationship between the number of years, rate of return, and the number of clients on sales.

  1. Open the sample data, BusinessMetrics.MTW.
  2. Choose Graph > Matrix Plot > Each Y versus each X > Simple.
  3. In Y variables, enter Sales.
  4. In X variables, enter Years, 'Rate of Return', and Clients.
  5. Click OK.

Interpret the results

The matrix plot of each Y versus each X shows possible positive relationships between sales and number of years in business, sales and rate of return, and sales and number of clients.