Question: Use the information provided below to answer questions 18 - 20. An organisational researcher is interested in establishing whether the average monthly salary of the

Use the information provided below to answer questions 18 - 20.

An organisational researcher is interested in establishing whether the average monthly salary of the employees of a firm is a predictor of the annual operating profit of the firm. The table below shows the average monthly salaries of employees of, and the annual operating profits (in R millions) of, 12 firms in the information technology sector in a Southern African country.

Firm Average monthly salary of employees, R

Annual operating profit of the firm,

R m

1 9 000 12
2 12 000 18
3 15 000 21
4 11 000 15
5 8 000 13
6 10 000 12
7 13 000 15
8 14 000 19
9 11 500 16
10 9 500 11
11 12 600 14
12 16 000 20

18. Determine the Pearson's correlation coefficient of the relationship between the average monthly salaries of employees of the firms and the annual operating profits of the firms.

A 0.8754

B 0.7663

C 0.6798

D 0.9332

19. Determine the trend equation of the relationship between the average monthly salaries of employees of the firms and the annual operating profits of the firms.

A. y = 1 000 000 - 1191.6x

B. y = 1 000 000x + 1191.6

C. y = 1 000 000 + 1191.6x

D. y = 1 000 000x - 1191.6

20. Using the trend equation of the relationship between the average salaries of the employees at a firm and the operating profit of the firm, estimate the annual operating profit of an information technology firm in the Southern African country if the average monthly salary of the employees of the firm is R10 000.

A. R18 536 000

B. R12 916 000

C. R13 387 000

D. R14 577 000

(PLEASE HELP I WILL PROVIDE THUMBS UP IN RETURN )

THANK YOU SOOOO MUCH FOR YOUR HELP!!!!!!!!!

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