Need help on (B) & (D)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.2: Representing Data
Problem 10PPS
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Need help on (B) & (D)

(b) Find the equation of the regression line. (Round regression line
parameters to two decimal places.)
P(S) =
(c) Add the plot of the regression line to the data from part (a).
P
70
70
60
60
50
50
40
40
30
30
20
20
10
10
S
80
20
40
60
80
20
40
60
P
70
70
60
60
50
50
40
40
30
30
20
20
10
10
20
40
60
80
S
80
20
40
60
(d) What cost does the regression line give for replacement of an employee
who makes an annual salary of $50,000? (Round your answer to the
nearest dollar.)
Transcribed Image Text:(b) Find the equation of the regression line. (Round regression line parameters to two decimal places.) P(S) = (c) Add the plot of the regression line to the data from part (a). P 70 70 60 60 50 50 40 40 30 30 20 20 10 10 S 80 20 40 60 80 20 40 60 P 70 70 60 60 50 50 40 40 30 30 20 20 10 10 20 40 60 80 S 80 20 40 60 (d) What cost does the regression line give for replacement of an employee who makes an annual salary of $50,000? (Round your answer to the nearest dollar.)
The table shows the percentage P of an employee's annual salary S, in
thousands of dollars, spent on the process of recruiting and training a
replacement.
S = annual salary
(thousands of dollars)
P = percentage of
salary for recruiting
20
16
30
15
40
20
60
46
70
49
(a) Plot the data points.
P
P
70
70
60
60
50
50
40
40
30
30
20
20
10
10
S
20
40
60
80
20
40
60
80
P
P
70
70
60
60
50
50
40
40
30
30
20
20
10
10
20
40
60
80
20
40
60
80
(b) Find the equation of the regression line. (Round regression line
parameters to two decimal places.)
P(S) =
:
:
Transcribed Image Text:The table shows the percentage P of an employee's annual salary S, in thousands of dollars, spent on the process of recruiting and training a replacement. S = annual salary (thousands of dollars) P = percentage of salary for recruiting 20 16 30 15 40 20 60 46 70 49 (a) Plot the data points. P P 70 70 60 60 50 50 40 40 30 30 20 20 10 10 S 20 40 60 80 20 40 60 80 P P 70 70 60 60 50 50 40 40 30 30 20 20 10 10 20 40 60 80 20 40 60 80 (b) Find the equation of the regression line. (Round regression line parameters to two decimal places.) P(S) = : :
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