A company keeps extensive records on its new salespeople on the premise that sales should increase with experience. A random sample of seven new salespeople produced the data on experience and sales shown in the table. Monthly Sales y ($ thousands) 2.4 Months on Job 4 7.0 11.3 12 15.0 3.7 12.0 a. Construct a scattergram for the data. b. What does the scattergram suggest about the relationship between x and y? Find the least squares estimates of fo and B1. Plot the least squares line on your scattergram. appear to fit the data well? C. d. e line
A company keeps extensive records on its new salespeople on the premise that sales should increase with experience. A random sample of seven new salespeople produced the data on experience and sales shown in the table. Monthly Sales y ($ thousands) 2.4 Months on Job 4 7.0 11.3 12 15.0 3.7 12.0 a. Construct a scattergram for the data. b. What does the scattergram suggest about the relationship between x and y? Find the least squares estimates of fo and B1. Plot the least squares line on your scattergram. appear to fit the data well? C. d. e line
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 23PPS
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