(See Solution) A sales manager collected the following data on annual sales and years of experience. Develop a scatter diagram for these data with years
Question: A sales manager collected the following data on annual sales and years of experience.
- Develop a scatter diagram for these data with years of experience as the independent variable.
- Develop an estimated regression equation that can be used to predict annual sales given the years of experience.
- Use the estimated regression equation to predict annual sales for a salesperson with nine years of experience.
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