Scatter diagram analysis | Statistics homework help

 

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

1        23,300    120

2        25,600    135

3        19,200     96

4        10,211    102

5        19,330    240

6        35,789    190

7        12,540    108

8        43,150    234

9        27,886    140

10      54,156    300

11      34,080    254

12      25,900   180

13      36,400   270

14      25,760   175

15     31,500    256

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. 

 

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