The table shows the percentage P of an employee's annual salary S, in thousands of dollars, spent on the process of recruiting and training a replacement.    S=annual salary in thousands P=percentage of salary for recruiting 20 14 30 16 40 19 60 46 70 50   Find the equation of the regression line P(S). (Round regression line parameters to two decimal places.

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
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Q2: The table shows the percentage P of an employee's annual salary S, in thousands of dollars, spent on the process of recruiting and training a replacement. 

 

S=annual salary in thousands

P=percentage of salary for recruiting

20

14

30

16

40

19

60

46

70

50

 

Find the equation of the regression line P(S). (Round regression line parameters to two decimal places.

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