Dorothy Kelly sells insurance for Prudence Insurance Company. She sells insurance by making visits t
Question: Dorothy Kelly sells insurance for Prudence Insurance Company. She sells insurance by making visits to clients’ homes. Dorothy believes the number of sales should depend, to some degree, on the number of visits made. For the past several years, she has kept careful records of the number of visits (x) she made each week and the number of people (y), that bought insurance that week. For a random sample of 15 such weeks, the x and y values follow-
x | 11 | 19 | 16 | 13 | 28 | 5 | 20 | 14 | 22 | 7 | 15 | 29 | 8 | 25 | 16 |
y | 3 | 11 | 8 | 5 | 8 | 2 | 5 | 6 | 8 | 3 | 5 | 10 | 6 | 10 | 7 |
∑x=248, ∑y=97, ∑x2=4856, ∑y2=731, ∑xy=1825
a) During a week in which Dorothy makes 18 visits, how many people do you predict will buy insurance from her?
Price: $2.99
Solution: The solution consists of 2 pages
Solution Format: Word Document
Solution Format: Word Document
