Question: Using Linear Regression Least Squares method correlate the Total Employees ( Exhibit 7 ; use Total Employees data for 1 9 8 6 , 1

Using Linear Regression Least Squares method correlate the Total Employees (Exhibit 7; use Total
Employees data for 1986,1987 and 1988 as the demand y value) to the Total Sales of Meters &
Systems data (Exhibit 5; use total sales figures for 1986,1987 and 1988 in thousands of dollars eg;
$234,360 will be entered as 234). Based on this correlation what should Dabneys employment level be
over the next 3 years if Total sales are expected to be $295,000, $305,000 and $307,000 respectively?
What are your recommendations regarding hiring based on this correlative model?

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