Mr. James McWhinney, president of Daniel-James Financial Services, believes there is a relationship between the number of client contacts and the dollar amount of sales. To document this assertion, Mr. McWhinney gathered the following sample information. The x column indicates the number of client contacts last month and the y column shows the value of sales ($ thousands) last month for each client sampled. Sales ($ Contacts,X thousands), y Number of Contacts,x Sales ($ thousands), y Number of 14 24 23 30 12 14 48 90 20 28 50 85 16 30 55 120 46 80 50 110 S Click here for the Excel Data File a. Determine the regression equation. (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round final answers to 2 decimal places.) (x - 2) (y (x – a (y – D (æ – ¤) (y – 9) | y 14 376.36 1376.41 719.74 12 14 -21.4 -47.1 20 -13.4 179.56 443.54 16 30 -31.1 967.21 46 12.6 357.21 23 -10.4 967.21 48 90 28.9 213.16 421.94 50 85 23.9 275.56 396.74 55 466.56 3469.21 1,272.24 50 110.0 16.6 48.9 T = y = Sx = Sy = r = b =
Mr. James McWhinney, president of Daniel-James Financial Services, believes there is a relationship between the number of client contacts and the dollar amount of sales. To document this assertion, Mr. McWhinney gathered the following sample information. The x column indicates the number of client contacts last month and the y column shows the value of sales ($ thousands) last month for each client sampled. Sales ($ Contacts,X thousands), y Number of Contacts,x Sales ($ thousands), y Number of 14 24 23 30 12 14 48 90 20 28 50 85 16 30 55 120 46 80 50 110 S Click here for the Excel Data File a. Determine the regression equation. (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round final answers to 2 decimal places.) (x - 2) (y (x – a (y – D (æ – ¤) (y – 9) | y 14 376.36 1376.41 719.74 12 14 -21.4 -47.1 20 -13.4 179.56 443.54 16 30 -31.1 967.21 46 12.6 357.21 23 -10.4 967.21 48 90 28.9 213.16 421.94 50 85 23.9 275.56 396.74 55 466.56 3469.21 1,272.24 50 110.0 16.6 48.9 T = y = Sx = Sy = r = b =
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Topic Video
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman