Thursday
April 24, 2014

Homework Help: stats

Posted by Bonnie on Tuesday, March 5, 2013 at 9:00pm.

below is the sales experience(in months) and the number of computers sold the the previous month of seven sales people.

Experience 4 12 9 6 10 30 7
Sales 19 42 28 31 39 30 21
Using the Minitab info write the straight line(least squares) equation and the correlation coefficent.
The regression equation is:
sales=27.2+0.252 exp
Predictor Coef SECoef T P
Constant 27.195 5.781 4.70 0.005
Exp. 0.2517 0.4201 0.60 0.575
S=8.97833 R-sq=6.7%

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