# Scatter Plots

## Tutorial: Using Tradewell to Understand Data Relationships

This **3-minute** video teaches traders how validate the presence of an edge in backtests and visualize relationships between data.

👇 Click the link below to open the platform and apply what you just learned

## Scatter Plot Insight Definitions

### Mean Strategy Return

The arithmetic average return on all trading signals derived from your strategy, expressed as a percentage.

### Mean Anytime Return

The arithmetic average return on all signal and non-signal data points, expressed as a percentage.

### Difference

The difference in value between the mean strategy return and and the anytime return.

### T-Test

A statistic used to determine if there is a significant difference between the mean forward return of your trading strategy and the mean forward return of all data data points for an asset within a single lookback period.

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