A manager wishes to determine the relationship between the number of years her sales representatives have been employed by the firm 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 was employed by the firm for 30 years Is this reasonable? Why or why not? Round the regression line values to the nearest hundredth.
A) =3.53x+37.92; $143,820;; Yes, it is reasonable.
B) =3.53x-37.92; $67,980; No; it is not reasonable. 30 years of employment is well outside the scope of the model.
C) =3.53x-37.92; $67,980; Yes; it is reasonable.
D) =3.53x+37.92; $143,820; No; it is not reasonable. 30 years of employment is well outside the scope of the model.

Question

A manager wishes to determine the relationship between the number of years her sales representatives have been employed by the firm 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 was employed by the firm for 30 years Is this reasonable? Why or why not? Round the regression line values to the nearest hundredth. 
A) =3.53x+37.92; $143,820;; Yes, it is reasonable. 
B) =3.53x-37.92; $67,980; No; it is not reasonable. 30 years of employment is well outside the scope of the model. 
C) =3.53x-37.92; $67,980; Yes; it is reasonable. 
D) =3.53x+37.92; $143,820; No; it is not reasonable. 30 years of employment is well outside the scope of the model.

Quizplus · Accepted Answer

The Answer of A manager wishes to determine the relationship between the number of years her sales representatives have been employed by the firm 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 was employed by the firm for 30 years Is this reasonable? Why or why not? Round the regression line values to the nearest hundredth. 
A) =3.53x+37.92; $143,820;; Yes, it is reasonable. 
B) =3.53x-37.92; $67,980; No; it is not reasonable. 30 years of employment is well outside the scope of the model. 
C) =3.53x-37.92; $67,980; Yes; it is reasonable. 
D) =3.53x+37.92; $143,820; No; it is not reasonable. 30 years of employment is well outside the scope of the model.

A Manager Wishes to Determine the Relationship Between the Number