Question

A manager is assessing the correlation between the number of employees in a plant and the number of products produced yearly. The table shows the data:Number of employees(x)0255075100125150175200Number of products(y)1016031046061076091010601210Part A: Is there any correlation between the number of employees in the plant and the number of products produced yearly? Justify your answer. (4 points)Part B: Write a function that best fits the data. (3 points)Part C: What does the slope and y-intercept of the plot indicate? (3 points)

Answer 1

The Solution:

Given:

Required:

Determine the correlation between the number of employees and the number of products.

Below is the plot of the data: