Solved

A Manager Wishes to Determine the Relationship Between the Number

Question 17

Multiple Choice

A manager wishes to determine the relationship between the number of miles (in hundreds of miles) the manager?s sales representatives travel per month and the amount of sales (in thousands of dollars) per month.
Find the equation of the regression line for the given data.  Miles traveled, x231078153111 Sales, y3133786265614855120\begin{array} { l | c | c | c | c | c | c | c | c | c | } \text { Miles traveled, } \mathrm { x } & 2 & 3 & 10 & 7 & 8 & 15 & 3 & 1 & 11 \\\hline \text { Sales, } \mathrm { y } & 31 & 33 & 78 & 62 & 65 & 61 & 48 & 55 & 120\end{array}


A) y^\hat{y} = 3.529x + 37.916
B) y^\hat { \mathrm { y } } = 37.916x - 3.529
C) y^\hat { \mathrm { y } } = 3.529x - 37.916
D) y^\hat { y } = 37.916x + 3.529

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions