Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The manager of a bookstore wants to predict Sales from Number of Sales People Working using the accompanying data. Complete parts a through h below.

The manager of a bookstore wants to predict Sales from Number of Sales People Working using the accompanying data. Complete parts a through h below.

Number of Sales People Working: 2 4 8 10 12 12 14 16 17 22

Sales (in $1000): 10 11 14 15 19 21 21 24 24 27

x = 11.7

y = 18.6

SD(X) = 6.04 SD(y) = 5.83

r = 0.977

f) If 18 people areworking, what sales(in dollars) do youpredict?

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

Step: 3

blur-text-image

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

Income Tax Fundamentals 2013

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

31st Edition

ISBN: 1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516

More Books

Students also viewed these Mathematics questions

Question

Describe the process by which a bankers acceptance is created.

Answered: 1 week ago