The number of employees and the 2016 revenue (in millions of dollars) of 13 hotel and gaming companies

(a) x = 32,500 employees 

(b) x = 6000 employees

(c) x = 1350 employees 

(d) x = 47,000 employees

Find the equation of the regression line for the data. Then construct a scatter plot of the data and draw the regression line. (Each pair of variables has a significant correlation.) Then use the regression equation to predict the value of y for each of the x-values, if meaningful. If the x-value is not meaningful to predict the value of y, explain why not. If convenient, use technology.

Transcribed Image Text:

Employees, x 1800 8300 1271 45,000 7300 52,000 10,000 20,200 9455 Revenue, y 4519 4429 1006 925 1811 Employees, x 13,700 5200 24,600 Revenue, y 19,900 4000 18,800 1452 1601 1309 4466 2184 3034