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Given are five observations for two variables, x and y. The director of career services at a state university wanted to examine the effect
Given are five observations for two variables, x and y. The director of career services at a state university wanted to examine the effect of paid internship experience on getting job offers in the workplace. She took a random sample of five students and asked them two questions. First, the number of semesters with internship experience, and second, the number of job offers upon graduation. The data are presented in the table below. Internship (# of semesters) (X) 1 2 032 Number of Job Offers (Y) 4 6 1 8 6 a. Develop a scatter diagram of these data and provide it below. b. What does the scatter diagram developed in part (a) indicate about the relationship between the two variables? c. Try to approximate the relationship between x and y by drawing a straight line through the data. d. Develop the estimated regression equation by computing the values of bo and by using
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