Question
As a measure of productivity, Verizon Wireless records the number of customers each of its retail employees activates weekly. An activation is defined as either
As a measure of productivity, Verizon Wireless records the number of customers each of its retail employees activates weekly. An activation is defined as either a new customer signing a cell phone contract or an existing customer renewing a contract. The following table shows the number of weekly activations for eight randomly selected employees along with their job-satisfaction levels rated on a scale of 1-10 (10 = Most satisfied).
Satisfaction | Activations |
8 | 36 |
7.9 | 25 |
8.5 | 40 |
9 | 38 |
6.1 | 19 |
7 | 28 |
8.2 | 33 |
7.7 | 25 |
These data can also be found in the Excel file activations.xlsx Download activations.xlsx. Suppose a simple regression model is constructed to explain the number of weekly activations for an employee (C) with the employees satisfaction level (S).
What is the y-intercept for the regression formula?
Group of answer choices
4.662
-23.468
6.919
0.103
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started