This topic contains a solution. Click here to go to the answer

Author Question: A manager wishes to determine the relationship between the number of years her sales representatives ... (Read 117 times)

frankwu

  • Hero Member
  • *****
  • Posts: 549
A manager wishes to determine the relationship between the number of years her sales representatives have been employed by the firm and their amount of sales (in thousands of dollars) per month. Find the equation of the regression line for the given data. What would be the predicted sales if the sales representative was employed by the firm for 30 years Is this reasonable? Why or why not? Round the regression line values to the nearest hundredth.

= 3.53x - 37.92; $67,980; Yes; it is reasonable.
= 3.53x + 37.92; $143,820; No; it is not reasonable. 30 years of employment is well outside the scope of the model.
= 3.53x - 37.92; $67,980; No; it is not reasonable. 30 years of employment is well outside the scope of the model.
= 3.53x + 37.92; $143,820;; Yes, it is reasonable.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by frankwu on Jan 16, 2020

Jevvish

  • Sr. Member
  • ****
  • Posts: 326
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly




frankwu

  • Member
  • Posts: 549
Reply 2 on: Jan 16, 2020
Wow, this really help


brbarasa

  • Member
  • Posts: 308
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Thyroid conditions may make getting pregnant impossible.

For a complete list of videos, visit our video library