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ASSIGNMENT 7 Chapter 12 1 Saved Help Save & Exit Submit 2 Mr. James McWhinney, president of Daniel-James Financial Services, believes there is a relationship

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ASSIGNMENT 7 Chapter 12 1 Saved Help Save & Exit Submit 2 Mr. James McWhinney, president of Daniel-James Financial Services, believes there is a relationship between the number of client contacts and the dollar amount of sales. To document this assertion, Mr. McWhinney gathered the following sample information. The X column indicates the number of client contacts last month, and the Y column shows the value of sales ($ thousands) last month for each client sampled Number of Sales Number of Sales 10 Contacts, ($ thousands) , Contacts, ($ thousands) , points X X 33 $41 12 $23 70 42 69 150 99 34 150 ebook 14 33 47 123 67 21 28 References a. Not available in Connect. b. Determine the regression equation. (Do not round intermediate calculations and round the final answers to 4 decimal places. Negative answers should be indicated by a minus sign.) b = Y' = c. Determine the estimated sales if 49 contacts are made. (Round the final answer to 4 decimal places.)

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