A. Problem: The sales of a company (in million pesos) for each corresponding number of workers are shown in the table below. Workers 245 569 1380 1 890 2 150 Sales 12 19 29 37 45

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
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A. Problem: The sales of a company (in million pesos) for each corresponding number of workers are shown in the table below.
Workers
245
569
1380
1 890
2 150
Sales
12
19
29
37
45
Answer the following:
1. Which of the two variables is the independent variable and the dependent variable?
2. Using regression analysis, write the equation used for predicting values of y. Show your solution for this.
a. Complete Solution Table
b. Solve for b.
c. Solve for a.
d. Formulate the predictor equation.
4. Use the predictor equation to predict the values of y if the values of x are the following. Show your solution.
X = 800
x = 50
Transcribed Image Text:A. Problem: The sales of a company (in million pesos) for each corresponding number of workers are shown in the table below. Workers 245 569 1380 1 890 2 150 Sales 12 19 29 37 45 Answer the following: 1. Which of the two variables is the independent variable and the dependent variable? 2. Using regression analysis, write the equation used for predicting values of y. Show your solution for this. a. Complete Solution Table b. Solve for b. c. Solve for a. d. Formulate the predictor equation. 4. Use the predictor equation to predict the values of y if the values of x are the following. Show your solution. X = 800 x = 50
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