find an econometrical solution of this problem using the linear regression model
There are data on average output per worker y (thousand dollars) and turnover x (thousand dollars) in 10 stores for the quarter. Based on the above data, it is required:
1) determine the dependence (correlation coefficient) of average output per worker on turnover,
2) make a direct regression equation for this dependence.
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | |
x | 10 | 14 | 21 | 23 | 32 | 39 | 45 | 55 | 61 | 68 |
y | 3,8 | 4,8 | 5,9 | 6,1 | 6,3 | 6,6 | 7,4 | 8,5 | 9,7 | 12,4 |
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