he chart below shows the results of a sample of 10 workers from a large company. Employee Years of Experience Income (In thousands of dollars) 1 0 20 2 5 30 3 5 40 4 10 30 5 10 50 6 15 50 7 20 60 8 25 50 9 30 70 10 35 60 1. What is the equation of the line of best fit? __________________ 2. What can we expect an employee to make if they have 7 years of experience? (Round to the nearest thousand.) ______________ This is an example of ____________________ (extrapolation/interpolation) 3. The correlation coefficient is _______________________ 4. This means there is _________________________relationship between variables based on the data from the sample.
he chart below shows the results of a sample of 10 workers from a large company. Employee Years of Experience Income (In thousands of dollars) 1 0 20 2 5 30 3 5 40 4 10 30 5 10 50 6 15 50 7 20 60 8 25 50 9 30 70 10 35 60 1. What is the equation of the line of best fit? __________________ 2. What can we expect an employee to make if they have 7 years of experience? (Round to the nearest thousand.) ______________ This is an example of ____________________ (extrapolation/interpolation) 3. The correlation coefficient is _______________________ 4. This means there is _________________________relationship between variables based on the data from the sample.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 17HP
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The chart below shows the results of a sample of 10 workers from a large company.
| Employee | Years of Experience | Income (In thousands of dollars) |
|---|---|---|
| 1 | 0 | 20 |
| 2 | 5 | 30 |
| 3 | 5 | 40 |
| 4 | 10 | 30 |
| 5 | 10 | 50 |
| 6 | 15 | 50 |
| 7 | 20 | 60 |
| 8 | 25 | 50 |
| 9 | 30 | 70 |
| 10 | 35 | 60 |
1. What is the equation of the line of best fit? __________________
2. What can we expect an employee to make if they have 7 years of experience? (Round to the nearest thousand.) ______________ This is an example of ____________________ (extrapolation/interpolation)
3. The
4. This means there is _________________________relationship between variables based on the data from the sample.
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