Question: 49. Do larger companies generate more revenue? The following data show the number of employees and annual revenue for a sample of 20 Fortune 1000

49. Do larger companies generate more revenue? The following data show the number of employees and annual revenue for a sample of 20 Fortune 1000 companies (Fortune, April 17, 2000).

Company Revenue Employees ($ millions) Revenue Company Employees ($ millions) Sprint 77,600

a. Prepare a scatter diagram to show the relationship between the variables Revenue and Employees.

b. Comment on any relationship between the variables.

Company Revenue Employees ($ millions) Revenue Company Employees ($ millions) Sprint 77,600 19,930 American Financial 9,400 3,334 Chase Manhattan 74,801 33,710 Fluor 53,561 12,417 Computer Sciences 50,000 7,660 Phillips Petroleum 15,900 13,852 Wells Fargo 89,355 21,795 Cardinal Health 36,000 25,034 Sunbeam 12,200 2,398 Borders Group 23,500 2,999 CBS 29,000 7,510 MCI Worldcom 77,000 37,120 Time Warner 69,722 27,333 Consolidated Edison 14,269 7,491 Steelcase 16,200 2,743 IBP 45,000 14,075 Georgia-Pacific 57,000 17,796 Super Value 50,000 17,421 Toro 1,275 4,673 H&R Block 4,200 1,669

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