iber öf Shares of Company Stock (Y) using the Number of Years Employed with the Company (X). You randomly selected 8 employees and obtain the following summary data: NumberShares (Y) YearsEmployed (X) x XY 375 2250 36 140625 355 2485 49 126025 450 8 3600 64 202500 520 4680 81 270400 375 10 3750 100 140625 640 13 8320 169 409600 535 14 7490 196 286225 745 17 12665 289 555025 3995 84 45240 984 2131025 What is the least squares estimate of slope (b,)?

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
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Sonnel directór änd åre interested in predicting the Number of Shares of Company
Stock (Y) using the Number of Years Employed with the Company (X). You randomly selected 8
employees and obtain the following summary data:
NumberShares (Y) YearsEmployed (X)
XY
x
375
2250
36
140625
355
2485
49
126025
450
8
3600
64
202500
520
9.
4680
81
270400
375
10
3750
100
140625
640
13
8320
169
409600
535
7490
196
286225
745
17
12665
289
555025
984
2131025 What is the least
3995
84
45240
squares estimate of slope (b;)?
Select one:
O 16.18
O None of these are correct
O 20.10
45.98
55:55
Transcribed Image Text:Sonnel directór änd åre interested in predicting the Number of Shares of Company Stock (Y) using the Number of Years Employed with the Company (X). You randomly selected 8 employees and obtain the following summary data: NumberShares (Y) YearsEmployed (X) XY x 375 2250 36 140625 355 2485 49 126025 450 8 3600 64 202500 520 9. 4680 81 270400 375 10 3750 100 140625 640 13 8320 169 409600 535 7490 196 286225 745 17 12665 289 555025 984 2131025 What is the least 3995 84 45240 squares estimate of slope (b;)? Select one: O 16.18 O None of these are correct O 20.10 45.98 55:55
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