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Author Question: A manager wishes to determine the relationship between the number of years her sales representatives ... (Read 109 times)

frankwu

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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.


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Marked as best answer by frankwu on Jan 16, 2020

Jevvish

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frankwu

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Reply 2 on: Jan 16, 2020
YES! Correct, THANKS for helping me on my review


6ana001

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Reply 3 on: Yesterday
Excellent

 

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