THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Consider the following data for two variables,x and y.The independent variable x represents the amount of training time (in hours)for a salesperson starting a new car dealership to adjust fully,and the dependent variable y represents the weekly sales (in $1000s).

-Develop a scatter diagram for the data.Does the scatter diagram suggest an estimated regression equation of the form
= b₀ + b₁x + b₂x²? Explain.

Question

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Consider the following data for two variables,x and y.The independent variable x represents the amount of training time (in hours)for a salesperson starting a new car dealership to adjust fully,and the dependent variable y represents the weekly sales (in $1000s).

-Develop a scatter diagram for the data.Does the scatter diagram suggest an estimated regression equation of the form

= b₀ + b₁x + b₂x²? Explain.

Quizplus · Accepted Answer

The Answer of THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: Consider the following data for two variables,x and y.The independent variable x represents the amount of training time (in hours)for a salesperson starting a new car dealership to adjust fully,and the dependent variable y represents the weekly sales (in $1000s). -Develop a scatter diagram for the data.Does the scatter diagram suggest an estimated regression equation of the form = b₀ + b₁x + b₂x²? Explain.