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The manager of the main laboratory facility at Capital Health Center is interested in being able to predict the overhead costs each month for the
The manager of the main laboratory facility at Capital Health Center is interested in being able to predict the overhead costs each month for the lab. The manager believes that total overhead varies with the number of lab tests performed but that some costs remain the same each month regardless of the number of lab tests performed. The lab manager collected the following data for the first seven months of the year: (Click the icon to view the data.) Read the requirements C. Data Table Requirement 1. Prepare a scatter plot of the lab's volume (number of lab tests performed) and total laboratory overhead costs. Plot the points on the graph. (Enlarge the graph and use the point tool button displayed below to draw the graph.) Relationship of Total Laboratory Overhead Costs to Number of Lab Tests Performed Number of Lab Tests Performed Total Laboratory Overhead Costs Month 2.700 $22,900 January ..... February .... March 2,500 $23,500 3,500 $29,800 4,000 $32,500 $36,000 S34 000 $32.000 $30.000 $28.000 $26.000 $24.000 $22.000 $20.000 $18,000 $16.000- $14.000 $12,000 1,0001,7502,5003,2504.0004,750 Number of Lab Tests Performed April May June 4,600 2,000 $31,100 $22,000 $19,100 July ........ 2.250 Click to enlarge Print Done Requirement 2. Does the data appear to contain any outliers? Explain. The data V to contain outliers. All data points fall in Requirement 3. How strong of a relationship is there between the number of lab tests performed and laboratory overhead costs? There appears to be relationship between laboratory overhead costs and the number of lab tests performed. We can tell this because the data points fall in a The manager of the main laboratory facility at Capital Health Center is interested in being able to predict the overhead costs each month for the lab. The manager believes that total overhead varies with the number of lab tests performed but that some costs remain the same each month regardless of the number of lab tests performed. The lab manager collected the following data for the first seven months of the year: (Click the icon to view the data.) Read the requirements C. Data Table Requirement 1. Prepare a scatter plot of the lab's volume (number of lab tests performed) and total laboratory overhead costs. Plot the points on the graph. (Enlarge the graph and use the point tool button displayed below to draw the graph.) Relationship of Total Laboratory Overhead Costs to Number of Lab Tests Performed Number of Lab Tests Performed Total Laboratory Overhead Costs Month 2.700 $22,900 January ..... February .... March 2,500 $23,500 3,500 $29,800 4,000 $32,500 $36,000 S34 000 $32.000 $30.000 $28.000 $26.000 $24.000 $22.000 $20.000 $18,000 $16.000- $14.000 $12,000 1,0001,7502,5003,2504.0004,750 Number of Lab Tests Performed April May June 4,600 2,000 $31,100 $22,000 $19,100 July ........ 2.250 Click to enlarge Print Done Requirement 2. Does the data appear to contain any outliers? Explain. The data V to contain outliers. All data points fall in Requirement 3. How strong of a relationship is there between the number of lab tests performed and laboratory overhead costs? There appears to be relationship between laboratory overhead costs and the number of lab tests performed. We can tell this because the data points fall in a
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