A manager wishes to determine the relationship between the number of miles traveled (in hundreds of miles) by her sales representatives and their amount of sales (in thousands of dollars) per month. Find the equation of the regression line for the given data. What would be the predicted sales if the sales representative traveled 0 miles? Is this reasonable? Why or why not? Round the regression line values to the nearest hundredth.
A) =3.53x+37.92; $37,920; Yes, it is reasonable.
B) =3.53x+37.92; $3792; No; it is not reasonable for a representative to travel 0 miles and have a positive amount of sales.
C) =37.92x+3.53; $3792; Yes, it is reasonable.
D) =3.53x+37.92; $37,920; No; it is not reasonable for a representative to travel 0 miles and have a positive amount of sales.
Correct Answer:
Verified
Q24: Find the equation of the regression line
Q25: Find the equation of the regression line
Q26: The data below are the average one-way
Q27: The data below are the average one-way
Q28: The data below are the number of
Q30: A manager wishes to determine the relationship
Q31: The table shows, for the years 1997-2012,
Q32: A county real estate appraiser wants to
Q33: A county real estate appraiser wants to
Q34: Is there a relationship between the raises
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents