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?

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Expert Solution

orchestra answered 1 year ago

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