The company is trying to keep the most people happy with the meal allowance than it can. The vice president hypothesizes that the older employees are the ones who want more money for meals than the younger ones.We are going to look at whether or not there is evidence to support this claim.If the claim is true, then the company is thinking about having a smaller allowance and sending the younger employees out more than the older ones.

• Create a scatter diagram with trendline from the data in that tab. Include the equation of the line on the graph (under "more options") along with the r squared value (coefficient of determination) on your graph.Include the graph in your post.
• What is a trendline, and how does it help us interpret the data?What is the equation of the trendline from your graph?
• Discuss the slope of that trendline. What number is it? Is it positive, negative, undefined, or 0?What does it mean?
• Use the trendline equation to figure out how much money a 36-year-old employee would want.
• Use the trendline equation to figure out how much money an 94-year-old employee would want.
• How much trust do you put into the answer from the equation of the trendline for the 36-year old? How much trust do you put in the answer for a 94 year old?
• How do the coefficient of determination, interpolation, extrapolation, and the simple correlation coefficient (r) provide you with some input on your response for trusting the dollar amount?

-T -T- WOOLY P