In: Statistics and Probability
            You wish to display the factory’s relationship between hours
worked and number of combat vests delivered...
                
            
- You wish to display the factory’s relationship between hours
worked and number of combat vests delivered each month with a
simple linear best-fit equation where Y is equal to the number of
combat vests delivered.
 
The following chart gives a five-week
view of the situation.
| 
Hours | 
Cambat Vests | 
| 
240 | 
960 | 
| 
330 | 
1100 | 
| 
220 | 
900 | 
| 
300 | 
1000 | 
| 
250 | 
980 | 
- Which is the dependent variable? Vests  
Delivered
 
- What is the range of the independent variable?
 
- Calculate the R-squared value for the relationship between the
hours worked and the vests delivered.    What is the
R-squared value?
 
- What are the alpha .05 and the alpha .01 critical values for
the R-squared?
 
- How confident are you of a possible correlation between hours
worked and vests delivered?
 
- What percent of the relationship between hours worked and vests
delivered could be explained with a best fit equation?
 
- What is the best-fit linear equation?
 
- How many additional vests are produced for each hour
worked?