Question

In: Accounting

***Please show the work in Excel*** Use the following data to construct a scatter diagram. Does...

***Please show the work in Excel***

Use the following data to construct a scatter diagram. Does there appear to be a relationship between hours of overtime and number of rejects? Discuss.

Hours of Overtime                  Number of Rejects

                                    127                                          33

                                     90                                           25

                                     95                                           23

                                    160                                          40

                                     10                                           9

                                     80                                           19

                                     27                                           14

                                    103                                          28

                                     48                                           19

                                     65                                           31

Solutions

Expert Solution

       

Mx My
80.5 24.1
Hours of Overtime Number of rejects X-Mx Y-My (X-Mx)^2 (Y-My)^2 (X-Mx)(Y-My)
127 33 46.5 8.9 2162.25 79.21 413.85
90 25 9.5 0.9 90.25 0.81 8.55
95 23 14.5 -1.1 210.25 1.21 -15.95
160 40 79.5 15.9 6320.25 252.81 1264.05
10 9 -70.5 -15.1 4970.25 228.01 1064.55
80 19 -0.5 -5.1 0.25 26.01 2.55
27 14 -53.5 -10.1 2862.25 102.01 540.35
103 28 22.5 3.9 506.25 15.21 87.75
48 19 -32.5 -5.1 1056.25 26.01 165.75
65 31 -15.5 6.9 240.25 47.61 -106.95
Total 805 241 18418.5 778.9 3424.5
use excel to draw the scatter diagram
Mean x(X)
Mean y (Y)
X Values
Sum 805
N 10
Mean Sum of X/N
805/10
80.5
Y Values
Sum 241
N 10
Mean Sum of X/N
241/10
24.1
Therefore R 3424.5/sqrt 18418.5*778.9
3424.5/3787.63
0.904
Consider for 80 hrs of overtime we have 19 rejects
For 75 hrs let us assume we have x number of rejects
x 75*19/80
17.8125 18 rejects
we have 18 rejects for 75 hrs

Related Solutions

(a) Construct a scatter diagram of the given bivariate data
Consider the following bivariate data. Point A B C D E F G H I J x 0 1 1 2 3 4 5 6 6 7 y 5 5 6 5 6 3 2 0 1 1 (a) Construct a scatter diagram of the given bivariate data. (Do this on paper. Your instructor may ask you to turn in this work.) (b) Calculate the covariance. (Give your answer correct to two decimal places.) (c) Calculate sx and sy. (Give...
Please solve A, B, and C. Please use excel. Please show work. Thank you. A. Use...
Please solve A, B, and C. Please use excel. Please show work. Thank you. A. Use the stocks of Apple, SAP, IBM, Oracle, and Amazon Download the historical data of weekly stock prices and S&P 500 index prices from year 2017-2019 on the website of yahoo finance and save it on an excel file. B. Use a different sheet to save the market adjusted prices of Apple, SAP, IBM, Oracle, and Amazon t and the index. For each stock, compute...
Please use excel and show all work and formulas. (I will give your work a like...
Please use excel and show all work and formulas. (I will give your work a like if you do this) Size (1000s sq. ft) Selling Price ($1000s) 1.26 117.5 3.02 299.9 1.99 139.0 0.91 45.6 1.87 129.9 2.63 274.9 2.60 259.9 2.27 177.0 2.30 175.0 2.08 189.9 1.12 95.0 1.38 82.1 1.80 169.0 1.57 96.5 1.45 114.9 What are the p-values of the t test (for the slope estimate) and F test? What is the coefficient of determination? What is...
What is the purpose of a scatter diagram (Scatter plot)? (Please provide Scatter plot examples)
What is the purpose of a scatter diagram (Scatter plot)? (Please provide Scatter plot examples)
14. PLEASE SHOW EXCEL WORK THANKS! Based on the following financial data, calculate the ratios requested....
14. PLEASE SHOW EXCEL WORK THANKS! Based on the following financial data, calculate the ratios requested. (Round your answers to 4 decimal places.)   Liabilities $ 7,800     Net worth $ 58,000   Liquid assets $ 4,600     Current liabilities $ 1,300   Monthly credit payments $ 640     Take-home pay $ 2,575   Monthly savings $ 130     Gross income $ 2,850 a.   Debt ratio    b.   Current ratio    c.   Debt-payments ratio    d.   Savings ratio   
Please show all your work if you use the Calculator. If done in Excel, please send...
Please show all your work if you use the Calculator. If done in Excel, please send me the spreadsheet / workbook. What is the market value of the following bond? Coupon 8% Maturity date 2038 Interest paid semiannually Par Value $1000 Market interest rate 10% What is the market value of the following bond? Coupon 9% Maturity date 2028 Interest paid semiannually Par Value $1000 Market interest rate 8% What is the yield to maturity of the following bond? Coupon...
PLEASE SHOW ALL WORK IN EXCEL!!!!!!! SHOW CALCULATIONS / FORMULAS IN EXCEL!!!!!!!! Voters arrive at a...
PLEASE SHOW ALL WORK IN EXCEL!!!!!!! SHOW CALCULATIONS / FORMULAS IN EXCEL!!!!!!!! Voters arrive at a polling station at an average of 4 per minute (Poisson) where the service rate is 50 per hour (Poisson). a. What is the average number of voters in the system with 5 voter booths? (10 pts) b. What is the minimum number of voting booths needed to keep the average time in the system under three minutes? (10 pts) PLEASE SHOW ALL WORK IN...
For the following problems, construct a scatter plot using excel. After the plot is drawn, analyze...
For the following problems, construct a scatter plot using excel. After the plot is drawn, analyze it to determine which type of relationship, if any, exists. Enter data in the excel worksheet (let’s say in column A you enter x data, in B you enter y data)à Select Data --> CLICK Insert --> Click Scatter --> Click the first case that contains unconnected points -->release the mouse                                     If you choose layout 9, you get the regression equation that can...
Please show work and use the actual equations, not excel ones. An RV manufacturer estimates that...
Please show work and use the actual equations, not excel ones. An RV manufacturer estimates that annual profits will increase if a mobile model is built and taken to trade shows to market their product line. A finance and engineering team has looked at the issue and has developed to options: 1.) A large model can be developed at a cost of $75,000, and it should increase annual profits by $25,000 per year. 2.) A small model can be developed...
Using the data provided in the excel file, show all of your work for the following...
Using the data provided in the excel file, show all of your work for the following calculations: a.) mean temperature of unmixed reagents (oC) b.) δελταT from graph (oC) c.) q absorbed by reaction mixture (J) d.) q absorbed by calorimeter, stirrer, and thermometer (J) e.) q total absorbed (J) f.) q total released (J) g.) calculation to show limiting reagent h.) deltaH neutralization for the reaction (kJ/mole of acid) A student reacted 100.0 mL of 0.9800 M HCl with...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT