The director of cooperative education at a state college wants to examine the effect of cooperative education job experience on marketability in the work place. She takes a random sample of 4 students. For these 4, she finds out how many times each had a cooperative education job and how many job offers they received upon graduation. These data are presented in the table below. Student CoopJobs JobOffer 1 1 4
The director of cooperative education at a state college wants to examine the effect of cooperative education job experience on marketability in the work place. She takes a random sample of 4 students. For these 4, she finds out how many times each had a cooperative education job and how many job offers they received upon graduation. These data are presented in the table below. Student CoopJobs JobOffer 1 1 4
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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The director of cooperative education at a state college wants to examine the effect of cooperative education job experience on marketability in the work place. She takes a random sample of 4 students. For these 4, she finds out how many times each had a cooperative education job and how many job offers they received upon graduation. These data are presented in the table below.
Student CoopJobs JobOffer
1 1 4
2 2 6
3 1 3
4 0 1
![Find the equation of the line that best fits the given data
A. Graphical method:
a) Show the slope of the line
b) y- intercept
c) Equation of the regression line
d) SSE
e) If coop jobs is 3 for the fifth student, what is the value
of the job offer?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8a6638e8-9a88-47b7-bd05-274969a07752%2Fd108ffcb-64c6-4bd1-9f50-7adf8a40dc1a%2Fvir9485_processed.png&w=3840&q=75)
Transcribed Image Text:Find the equation of the line that best fits the given data
A. Graphical method:
a) Show the slope of the line
b) y- intercept
c) Equation of the regression line
d) SSE
e) If coop jobs is 3 for the fifth student, what is the value
of the job offer?
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