Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Scatter Diagram Analysis The regional sales manager for American Toys, Inc., recently collected data on weekly sales (in dollars) for the 15 stores in his

Scatter Diagram Analysis

The regional sales manager for American Toys, Inc., recently collected data on weekly sales (in dollars) for the 15 stores in his region. He also collected data on the number of salesclerk work hours during the week for each of the stores. The data are as follows:

Store

Sales

Hours

1 23,300 120
2 25,600 135
3 19,200 96
4 10,211 102
5 19,330 240
6 35,789 190
7 12,540 108
8 43,150 234
9 27,886 140
10 54,156 300
11 34,080 254
12 25,900 180
13 36,400 270
14 25,760 175
15 31,500 256

To complete this assignment:

  1. Use Excel to develop a scatter diagram of the data, including dependent and independent variables on their correct axis.
  2. In a Word document, analyze the relationship between sales and number of clerk hours worked.
  3. Conclude, based on the scatter diagram, what adjustments the sales manager might make to address the relationship between sales and number of clerk hours worked.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

College Algebra

Authors: Cynthia Y Young

3rd Edition

1118475690, 9781118475690

More Books

Students also viewed these Mathematics questions

Question

How do managers protect their information?

Answered: 1 week ago

Question

2. In what way can we say that method affects the result we get?

Answered: 1 week ago