Please count it manually without using excel so I can learn how to cal 1. A seller analyzes the relationship between the total sales and product name. He wants to know the relation between the products and the amount sold.
Please count it manually without using excel so I can learn how to cal 1. A seller analyzes the relationship between the total sales and product name. He wants to know the relation between the products and the amount sold.
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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Transcribed Image Text:Please count it manually without using excel so I can learn how to calculate it
1. A seller analyzes the relationship between the total sales and product name. He wants to know the
relation between the products and the amount sold.
The Product Name in Numbers
The Total Sales
The Product Name
10
A
1
22
В
3
33
C
4
52
80
E
95
98
1a. Calculate in the Pearson correlation coefficient for variables: The Product Name in Numbers, The
Total Sales. And determine the strength and direction the correlation coefficient. Please draw a scatter
diagram to support the answer of the strength and direction the correlation coefficient and label each
axis. Describe the correlation coefficient in scatter diagram
1a. Use a significance level of 0.5. to find out if it makes sense to conclude between:: The Product Name
in Numbers and The Total Sales
1b. Determine the regression coefficients Bo and Biby using the least squares method for the regression
model below:
The Total Sales = Bo + B1 The Day in Numbers
1b. Use estimated slope at the level = 0.05 to the significance. And make an interpretation from the
obtained model above based on business perspective
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