The president of a company was interested in determining whether there is a correlation between…

The president of a company was interested in determining whether there is a correlation between sales made by different sales teams and hours spent on employee training. These figures are shown.

Sales (in thousands) Training Hours 15 8 34 11 21 10 49 14 7 3

Compute the correlation coefficient for the data. (Round your answer to 4 decimal places, e.g., 500.2555.)

The correlation coefficient is enter the correlation coefficient rounded to 4 decimal places What is your interpretation of this value? (Do not round your intermediate computations to answer this question.)

There is select an option linear association between sales and training hours.

Using the data, what would you expect sales to be if training was increased to 18 hours? Use the linear regression model. (Round your answer to 2 decimal places, e.g., 500.25.) Sales = enter the sales in thousands rounded to 2 decimal places (in thousands)

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