Math Solutions

[All Steps] Consider the following sample data Executive Title Company Age Salary Charles Prince Chmn/CEO Citigroup 56 1,000 Harold McGraw III Chmn/Pres/CEO

Question: Consider the following sample data

Executive Title Company Age Salary
Charles Prince Chmn/CEO Citigroup 56 1,000
Harold McGraw III Chmn/Pres/CEO McGraw-Hill Cos. 57 1,172
James Dimon Pres/CEO JP Morgan Chase & Co. 50 1,000
K. Rupert Murdoch Chmn/CEO News Corp. 75 4,509
Kenneth D. Lewis Chmn/Pres/CEO Bank of America 58 1,500
Kenneth I. Chenault Chmn/CEO American Express Co. 54 1,092
Louis C. Camilleri Chmn/CEO Altria Group 51 1,663
Mark V. Hurd Chmn/Pres/CEO Hewlett-Packard Co. 49 817
Martin S. Sorrell CEO WPP Group 61 1,562
Robert L. Nardelli Chmn/Pres/CEO Home Depot 57 2,164
Samuel J. Palmisano Chmn/Pres/CEO IBM Corp. 54 1,680
David C. Novak Chmn/Pres/CEO Yum Brands 53 1,173
Henry R. Silverman Chmn/CEO Cendant Corp. 65 3,300
Robert C. Wright Chmn/CEO NBC Universal 62 2,500
Sumner Redstone Exec Chmn/Founder Viacom 82 5,807
  1. Develop a scatter diagram for these data with the age of the executive as the independent variable
  2. Develop the regression equation
  3. Testing the significant of the relationship using level of significant of 0.05

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Solution: The downloadable solution consists of 4 pages
Deliverable: Word Document


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