A departmental store has the following sales for a period of last one year of 8 salesmen, who have different years of ed
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A departmental store has the following sales for a period of last one year of 8 salesmen, who have different years of ed
coefficient r between the two variables.
b. Determine the slope coefficient β1 for
the regression of annual sales on years of education.
c. Determine the y-intercept β0 for the
regression of annual sales on years of education.
d. What will be the annual sales when the years of
education is 11 (years)?
A departmental store has the following sales for a period of last one year of 8 salesmen, who have different years of education. Years of Education 8 10 10 12 14 16 5 7 Annual Sales (Thousand Tk.) 100 120 80 100 80 100 70 130