Question: Trying to solve this. i need answer with an explanation. will rate the good work and comment. Mr. James McWhinney. president of Daniel-James Financial Services,

Trying to solve this. i need answer with an explanation. will rate the good work and comment.

Trying to solve this. i need answer with an explanation. will rate

Mr. James McWhinney. president of Daniel-James Financial Services, believes there is a relationship between the number of client contacts and the dollar amount of sales. To document this assertion. Mr. McWhinney gathered the following sample information. The X column indicates the number of client contacts last month, and the Ycolumn shows the value of sales {$ thousands) last month for each client sampled. Sales Sales Number of is Number of {5 Contact-.5 . thousands] , Contact-.5, thousands} . X Y X 1' 25 $45 16 $25 14 33 19 25 36 65 115 1 ll 14 2? 47 Tr"? 33 36 45 Hi] a. Not available in Connect. b. Determine the regression equation. {Do not round intermediate calculations and round the nal answers to 4 decimal places. Negative answers should be indicated by a minus sign} 323:3 c. Determine the estimated sales if 41 contacts are made. {Round the final answer to 4 decimal places.)

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