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MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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For a sample of 8 employees, a personnel director has collected the following data on ownership of company stock versus years with the firm. x = Years y = Shares 6 300 12 408 14 560 252 288 13 650 15 630 522 a. Construct a scatter plot. b. Compute and interpret the correlation coefficient. c. Determine the least-squares regression line and interpret its slope. d. For an employee who has been with the firm 10 years, what is the predicted number of shares of stock owned?
Transcribed Image Text:For a sample of 8 employees, a personnel director has collected the following data on ownership of company stock versus years with the firm. x = Years y = Shares 6 300 12 408 14 560 252 288 13 650 15 630 522 a. Construct a scatter plot. b. Compute and interpret the correlation coefficient. c. Determine the least-squares regression line and interpret its slope. d. For an employee who has been with the firm 10 years, what is the predicted number of shares of stock owned?
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