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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.

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 (in thousands $) last month for each client sampled.

Number of Contacts (X) Sales (in thousands $) Y
14 24
12 14
20 28
16 30
46 80
23 30
48 90
50 85
55 120
50 110

  1. Identify the regression equation below :

a. Sales = -12.2 + 2.19(Contacts)

b. Sales = 2.19 - 12.2(Contacts)

c. Sales = 6.56 + 0.176(Contacts)

d. None of the above

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