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Question 3 (Essay Worth 10 points) (06.07 HC) A manager is assessing the correlation between the number of employees in a plant...
Question 3 (Essay Worth 10 points)
(06.07 HC)
A manager is assessing the correlation between the number of employees in a plant and the number of products produced yearly. The table below shows the data:
Number of employees
(x)0255075100125150175200
Number of products
(y)10160310460510660710860910
Part 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 which best fits the data. (3 points)
Part C: What does the slope and y-intercept of the plot indicate? (3 points)