For the bookstore sales data in Exercise 1, the correlation is 0.965. a) If the number of
Question:
For the bookstore sales data in Exercise 1, the correlation is 0.965.
a) If the number of people working is 2 standard deviations above the mean, how many standard deviations above or below the mean do you expect sales to be?
b) What value of sales does that correspond to?
c) If the number of people working is 1 standard deviation below the mean, how many standard deviations above or below the mean do you expect sales to be?
d) What value of sales does that correspond to?
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Related Book For 
Business Statistics
ISBN: 9780321716095
2nd Edition
Authors: Norean D. Sharpe, Paul F. Velleman, David Bock, Norean Radke Sharpe
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