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I'm researching on the relationship between Scholarship and years. I have scatter plot below. The x axis is equal to the total amount of scholarship for a student. The y axis show the term a student took to complete his/her phD.
I'm not sure how I should interpret this scatter plot. I would be appreciate for any help.
==== editted 2021/08/11===
I changed the transparency of the scatterplot so I can check the density of bottom-left area. The result is like below.
It seems that the average student, will take on average a 1.5 Scholarships (somewhere between 0-2.5) if finish on average the Ph.D. in 5.5 terms (somewhere between 0-10), i.e. if we could average the points in the left bottom corner.
Also, for sure we can identify that students that need a big amount of terms to finish their Ph.D. for sure they have the least amount of scholarships, whereas the most scholarships are taken by students that are relatively quick in finishing their Ph.D. 0-10 terms.
At first glance, I'd say that, with inceasing X, Y stabilizes at around 5.
At second glance: can you make points transparent to see how dense they are in bottom left area of your plot?
