Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The following table indicates the ages of a sample of female employees of People Plus Pty, and the corresponding monthly income of each employee (in
The following table indicates the ages of a sample of female employees of People Plus Pty, and the corresponding monthly income of each employee (in thousands of Rands).
Age In Years (x) | Monthly Income (R000s) (y) |
40 | 43 |
49 | 49 |
32 | 36 |
27 | 31 |
38 | 41 |
46 | 42 |
Q.7.1 By completing the table given below, and then applying the relevant formulae, determine the linear regression function for this bivariate data set. (8)
x | y | X2 | xy |
Total |
Q.7.2 If a female employee is 39 years of age, estimate her monthly income. (2)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started