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4:47 Edit Alkan Health Science and Business College Econometric for Finance Regular 4th Year Accounting & Finance Individual Assignment (10%) Attempts the following questions

4:47   Edit Alkan Health Science and Business College Econometric for Finance Regular 4th Year Accounting &

4:47 Edit Alkan Health Science and Business College Econometric for Finance Regular 4th Year Accounting & Finance Individual Assignment (10%) Attempts the following questions based on the following information. A sales manager collected the following data on annual sales for new customer accounts and the number of years of experience for a sample of 10 salespersons. Salesperson 1 2 4 5 6 7 8 9 000 10 10 Years of Experience 3 4 4 6 8 10 10 11 13 Annual Sales ($1000s) 80 97 T 92 102 103 111 119 { | 64% - ... 123 117 136 a. Develop a scatter diagram for these data with years of experience as the independent variable. b. Develop an estimated regression equation that can be used to predict annual sales given the years of experience. c. Use the estimated regression equation to predict annual sales for a salesperson with 9 years of experience. Annotate Fill & Sign Convert All :

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