A large international sales organization has collected data on the number of employees and the annual gross sales during the last 7 years. # of employees sales (in $000s) 1600 90 1650 105 1715 118 1745 145 1850 152 1890 156 1925 163 2100 ? (a) Develop a scatter diagram. (b) Determine the correlation coefficient. (c) Determine the coefficient of determination. (d) Determine the least squares trend line. (e) Determine the predicted value of sales for 2100 employees

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter11: Data Analysis And Displays
Section11.5: Choosing A Data Display
Problem 19E
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A large international sales organization has collected data on the number of employees and the annual gross sales during the last 7 years.

# of employees sales (in $000s)
1600 90
1650 105
1715 118
1745 145
1850 152
1890 156
1925 163
2100 ?

(a) Develop a scatter diagram.

(b) Determine the correlation coefficient.

(c) Determine the coefficient of determination.

(d) Determine the least squares trend line.

(e) Determine the predicted value of sales for 2100 employees.

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