Question: 19. Please calculate the correlation coefficient using the following data. Direct Labor Hours Sales X Y X 58874 Y2 8 11 9 96 8
19. Please calculate the correlation coefficient using the following data. Direct Labor Hours Sales X Y X 58874 Y2 8 11 9 96 8 XY 20. Using the data from Problem #19, please calculate the intercept and slope for the regression equation that is derived from this data. Then graph this equation that you created. Hints: "Y" is on the vertical axis. One formula is very messy but you've calculated the numerator already.
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