Problem regarding the best-fit linear equation

Reference no: EM13995529

1. For a sample of 100 employees, a personnel direc- tor has collected data on x 5 the number of years an employee has been with the firm and y 5 the number of shares of company stock the employee owns. The data are in file XR02044.

a. Generate a scatter diagram that includes the best-fit linear equation for these data.

b. Does there appear to be any relationship between the variables? If so, is the relationship direct or inverse?

c. Interpret the slope of the equation generated in part (a).

d. Viewing the scatter diagram and equation in part (a), do you think there are any employees who appear to own an unusually high or low amount of stock com- pared to the ownership that the equation would have predicted?

Reference no: EM13995529

Questions Cloud

Type of transmission as the categorization variables : a. Construct a simple tabulation in which the counts are according to the type of engine. b. Construct a cross-tabulation describing the fleet, using type of engine and type of transmission as the categorization variables. c. Construct a display sh..

How would you select the people to survey : Suppose that you were going to conduct a survey of visitors to your campus. You want the survey to be as representative as possible. How would you select the people to survey

How fast and in what direction must you paddle a boat : How fast and in what direction must you paddle a boat to reach point A? How fast must you paddle for the return trip along the same path to take the same amount of time?

Best-fit linear equation for data : A rental management executive has collected data on square footage and monthly rental fee for 80 apartments in her city. The data are in file XR02045. Considering square footage as the independent variable and monthly rental fee as the dependent..

Problem regarding the best-fit linear equation : For a sample of 100 employees, a personnel direc- tor has collected data on x 5 the number of years an employee has been with the firm and y 5 the number of shares of company stock the employee owns. The data are in file XR02044. a. Generate a scatt..

Find the magnitude and direction of the magnetic field : Two long, parallel wires carry currents of I1 = 3.10 A and I2 = 4.95 A in the directions indicated in the figure below, where d = 22.0 cm. Take the positive x direction to be to the right. Find the magnitude and direction of the magnetic field at a..

Per share of common stock : 1. For the period 1998-2008, McDonald's Corporation paid the following dividends (rounded to nearest penny) per share of common stock. Source: McDonald's Corporation, 2005 Annual Report, p. 1; 2008 Annual Report, p. 19.

Record these transactions in journal form : Record the transactions in journal form, assuming Dawkins Company uses the periodic inventory system.

Describe five ways in which we can cope or deal with stress : Please identify and describe five ways in which we can cope/deal with stress through mindfulness methods/approaches, in other words, ways that help us center/focus to be in the moment

User Account

All Pages