Mr. James McWhinney, president of Daniel-James Financial Services, believes there is a relationship between the number o

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Mr James Mcwhinney President Of Daniel James Financial Services Believes There Is A Relationship Between The Number O 1 (37.89 KiB) Viewed 94 times

Mr. James McWhinney, president of Daniel-James Financial Services, believes there is a relationship between the number of client contacts and the dollar amount of sales. To document this assertion, Mr. McWhinney gathered the following sample information. The X column indicates the number of client contacts last month, and the Y column shows the value of sales ($ thousands) last month for each client sampled. Number of Contacts, х 18 50 39 37 17 Sales ($ thousands), Y $35 100 70 50 21 Number of Contacts, х 34 12 29 35 33 Sales ($ thousands), Y $39 24 43 53 36 a. Not available in Connect. b. Determine the regression equation. (Do not round intermediate calculations and round the final answers to 4 decimal places. Negative answers should be indicated by a minus sign.) a = b= Y'= c. Determine the estimated sales if 41 contacts are made. (Round the final answer to 4 decimal places.)