MAT 510 business statisticsScatter Diagram AnalysisThe 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: Use Excel to develop a scatter diagram of the data, including dependent and independent variables on their correct axis. In a Word document, analyze the relationship between sales and number of clerk hours worked. 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. Submit your work in a Word document with your Excel file attached.

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...

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
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:

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

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

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.

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

84 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...

SOLUTION.PDF

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...

Scatter Diagram Analysis

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

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