MAT 510 business statistics Scatter Diagram Analysis The regional sales manager for American Toys, Inc., recently collected data on weekly sales (in dollars) for the 15 stores in his region. He also...

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MAT 510 business statistics

Scatter Diagram Analysis


The regional sales manager for American Toys, Inc., recently collected data on weekly sales (in dollars) for the 15 stores in his region. He also collected data on the number of salesclerk work hours during the week for each of the stores. The data are as follows:






















































































Store

Sales

Hours
123,300120
225,600135
319,20096
410,211102
519,330240
635,789190
712,540108
843,150234
927,886140
1054,156300
1134,080254
1225,900180
1336,400270
1425,760175
1531,500256


To complete this assignment:



  1. Use Excel to develop a scatter diagram of the data, including dependent and independent variables on their correct axis.

  2. In a Word document, analyze the relationship between sales and number of clerk hours worked.

  3. Conclude, based on the scatter diagram, what adjustments the sales manager might make to address the relationship between sales and number of clerk hours worked.

  4. Submit your work in a Word document with your Excel file attached.



Answered Same DayJul 18, 2022

Answer To: MAT 510 business statistics Scatter Diagram Analysis The regional sales manager for American Toys,...

Shakeel answered on Jul 19 2022
78 Votes
1. The graph between the sales value (dependent variable) and salesclerk work hours (independent variable) is as follows:
2. As we can see in the graph that with the rise in hours, the sales value also rises, we can conclude that there is positive relationship between the sales and hours.
3. To...
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