Consider the following data from a small bookstore. a) Prepare a scatterplot of Sales against Number of
Question:
a) Prepare a scatterplot of Sales against Number of sales people working.
b) What can you say about the direction of the association?
c) What can you say about the form of the relationship?
d) What can you say about the strength of the relationship?
e) Does the scatterplot show any outliers?
Transcribed Image Text:
Number of Sales People Working Sales (in $1000) 13 18 10 12 16 20 = 10.4 so(x) = 5.64 y= 17.6 $(y) 5.34
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (7 reviews)
a The scatterplot is shown below b There is a positi...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Stats Data and Models
ISBN: 978-0321986498
4th edition
Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock
Question Posted:
Students also viewed these Statistics questions
-
Consider the following data from a two-factor experiment: a. Determine if there is interaction between factor A and factor B. Use the p -value approach and a significance level of 0.05. b. Does the...
-
What can you say about the series (an in each of the following cases? (a) (b) (c) an+1 lim an+1 amt, I = 0.8 lim a 11-08 ina an+1 itan
-
Consider the following data from two companies in very different industries. Adobe Systems is a software company. Empire District is an electric utility serving the Midwest. (Amounts except earnings...
-
Widows DeVries and McAfee claimed their husbands died from cancer due to asbestos exposure while serving on Navy ships that included parts produced by Air & Liquid Systems Corp (ALS). Asbestos...
-
Otto Enterprises produces ceiling fans for industrial use. Otto estimates quarterly sales of 50,000; 45,000; 60,000; 55,000; and 65,000 for the next five quarters. Otto desires an ending finished...
-
The trial balance of A. Wiencek Company at the end of its fiscal year, August 31, 2020, includes these accounts: Inventory $19,500; Purchases $149,000; Sales Revenue $190,000; Freight-In $5,000;...
-
Water is pumped between two tanks as shown in Fig. P8.32. The energy line is as indicated. Is the fluid being pumped from \(A\) to \(B\) or \(B\) to \(A\) ? Explain. Which pipe has the larger...
-
Kelly Company, a small corporation preparing its 2016 financial statements. At the end of 2016, the company purchased a building for $100,000, paid $20,000 as a down payment, and signed an $80,000...
-
On January 1, 2020, Everly Bottle Company sold $4,000,000 in long-term bonds. The bonds will mature in 4 years and have a stated interest rate of 10% and a yield rate of 8%. The bonds pay interest...
-
1. Using the pyramid of strategy practice (Figure 16.1), describe strategy-making in the city of Vaasa. 2. Comment on the strategy process being followed at Vaasa. In what ways does this depart from...
-
Is there an association between time of year and the nighttime temperature in North Dakota? A researcher assigned the numbers 1-365 to the days January 1-December 31 and recorded the temperature at...
-
Your Economics instructor assigns your class to investigate factors associated with the gross domestic product (GDP) of nations. Each student examines a different factor (such as Life Expectancy,...
-
Add in the indicated base. 21 3 + 20 3
-
Conduct an audit of your mediated interpersonal and masspersonal messages. a. Using the format in Figure 2.2, plot the scope of your mediated interpersonal and masspersonal communication. b. Describe...
-
In this chapter, you learned about three main emphases for account planners: developing consumer insights, formulating a strategy, and evaluating the effectiveness of the message. Now think about...
-
The At Work box in Section 3.4 describes how organizations have the properties of a culture. Select a place of business where you have worked and describe in a few sentences its organizational...
-
Which of these best describes the business use of social networks? a. Businesses use private social networks but not public networks. b. Businesses use private and public social networks. c....
-
As student representatives, your colleagues have suggested the following six presentation purposes for a staffstudent conference. Summarize your choice, giving reasons: a. To show the audience that...
-
Calculate the values of specific volume, specific internal energy, and specific enthalpy for water in vaporliquid equilibrium at 180C if its quality is 0.2. Use the tables in Appendix A.3 for data....
-
In what ways does a well-designed enterprise search software vary from popular search engines (e.g., Bing, DuckDuckGo, and Google)?
-
Listed below are the salaries, in $000, for a sample of 15 chief financial officers in the electronics industry. a. Determine the mean, median, and the standard deviation. b. Determine the...
-
Listed below are the commissions earned ($000) last year by the 15 sales representatives at Furniture Patch Inc. a. Determine the mean, median, and the standard deviation. b. Determine the...
-
Listed below are the salaries for the 2012 New York Yankees Major League Baseball team. a. Determine the mean, median, and the standard deviation. b. Determine the coefficient of skewness using...
-
Select a company you are familiar with and detail one short-term and one longer-term strategy, then discuss how the role of human resource development can provide valuable advice and counsel in the...
-
Sunspot Beverages, Limited, of Fiji uses the weighted-average method of process costing. It makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh fruits and then...
-
How does TPM intersect with Lean Manufacturing principles? Discuss the synergies between TPM and Lean practices, such as continuous improvement (Kaizen) and value stream mapping, in reducing waste...
Study smarter with the SolutionInn App