Answer:
(1)-
b1 =~3.4
bo= ~ 82.8
(2)- ý=[82.8]+[3.4] x
(3)- The change in annual sales ($1000) for every year of experience is= 3.4
(4)-r^2=~ 0.847
Estimated annual sales= $110514
Step-by-step explanation:
(1)- b1 = 3.4606
=~3.4
bo = 82.8296
= ~ 82.8
(2)-
ý=[82.8]+[3.4] x
(3)-The change in annual sales ($1000) for every year of experience is= 3.4
(4)- r^2 = 0.84776
=~ 0.847
Percentage of the variation in annual sales can be explained by the years of experience
of the salesperson 84.7%.
Estimated annual sales
= 82.8296 + 3.4606 × 8 ($ 1000).
= 110.5144 ( $1000)
= $ 110514:4
= $110514
Answer:
after 10 years there will be $600000 in my account
<span>Yes, so our unit rate is 1:6</span>
