(d) What would be the predicted sales if the sales representative was employed by the firm for 20 years. $ (Round your answer to nearest $. ) Example) If your answer is 125.21, input as 125. (e) Find the residual when the sales representative was employed by the fırm

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(d) What would be the predicted sales if the sales representative was
employed by the firm for 20 years.
$
(Round your answer to nearest $. ) Example) If your
answer is 125.21, input as 125.
(e) Find the residual when the sales representative was employed by the firm
for 15 years.
Round your answer to nearest thousandth.
Transcribed Image Text:(d) What would be the predicted sales if the sales representative was employed by the firm for 20 years. $ (Round your answer to nearest $. ) Example) If your answer is 125.21, input as 125. (e) Find the residual when the sales representative was employed by the firm for 15 years. Round your answer to nearest thousandth.
A manager wishes to determine the relationship between the number of
years her sales representatives have been employed by the firm and their
amount of sales (in thousands of dollars) per month. Find the equation of
the regression line for the given data.
10 7 8 15 3 1 11
Years of
employed (x)
Sales (y)
31 33 78 62 65 70 48 55 64
(a) Find the correlation coefficient
(Round your answer
to nearest thousandth)
(b) Find the critical value
(c) Find the equation of least square regression.
(Round slope and intercept to nearest
thousandth)
Transcribed Image Text:A manager wishes to determine the relationship between the number of years her sales representatives have been employed by the firm and their amount of sales (in thousands of dollars) per month. Find the equation of the regression line for the given data. 10 7 8 15 3 1 11 Years of employed (x) Sales (y) 31 33 78 62 65 70 48 55 64 (a) Find the correlation coefficient (Round your answer to nearest thousandth) (b) Find the critical value (c) Find the equation of least square regression. (Round slope and intercept to nearest thousandth)
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