The table below indicates the number of years of experience of a sample of salespeople who work for Hornbill Pty, and their corresponding sales (in thousands of rands) over the last two weeks. Years of Experience (x) Sales (R000s) (y) 11 130 8 95 3 35 4 65 5 25 4 85 Q.1.1 By completing the table below, and then applying the relevant formulae, determine the line of best fit for this bivariate data set. Do NOT change the units for the variables. No marks will be awarded if the table is not completed. X y x2 xy TOTAL.

icon
Related questions
Question
The table below indicates the number of years of experience of a sample of salespeople who work for Hornbill Pty, and their corresponding sales (in thousands of rands) over the last two weeks. Years of Experience (x) Sales (R000s) (y) 11 130 8 95 3 35 4 65 5 25 4 85 Q.1.1 By completing the table below, and then applying the relevant formulae, determine the line of best fit for this bivariate data set. Do NOT change the units for the variables. No marks will be awarded if the table is not completed. X y x2 xy TOTAL.
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer