The following data give the percentage of women working in five companies in the retail and trade
Question:
The following data give the percentage of women working in five companies in the retail
and trade industry. The percentage of management jobs held by women in each company is also shown.
a. Develop a scatter diagram for these data with the percentage of women working in the company as the independent variable.
b. What does the scatter diagram developed in part (a) indicate about the relationship between the two variables?
c. Try to approximate the relationship between the percentage of women working in the company and the percentage of management jobs held by women in that company.
d. Develop the estimated regression equation by computing the values of b0 and b1.
e. Predict the percentage of management jobs held by women in a company that has 60% women employees.
Step by Step Answer:
Statistics For Business & Economics
ISBN: 9781285846323
12th Edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Camm, James Cochran