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Q3: Use the following to answer questions: A company wants to study the relationship between an...
Q3: Use the following to answer questions:
A company wants to study the relationship between an
employee's length of employment and their number of workdays
absent. The company collected the following information on a random
sample of seven employees.
Number of Workdays Absent 2 3 3 5 7 7 8
Length of Employment (in yrs) 5 6 9 4 2 2 0
5.What is the least squares equation for the data? 6.What is
the meaning of a negative slope?
7.What is the standard error of estimate?
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