Question: Reef Office Supplies is interested in estimating the relation-ship between customer service costs and sales. The following data are available: Required a. Prepare a scattergraph
Reef Office Supplies is interested in estimating the relation-ship between customer service costs and sales. The following data are available:
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Required
a. Prepare a scattergraph of customer service cost (vertical axis) and sales (horizontal axis).
b. Comment on whether there appears to be a linear relation between cost and sales and whether any of the observations appear to beoutliers.
Month May June Ul August September Customer Service Cost 8,600 9,140 $10,240 $12,500 $13,850 Sales $150,000 $190,000 $220,000 $250,000 $275,000
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a b The relation appears to be approximately l... View full answer
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