# Question For a sample of 8 employees, a personnel director has collected the following data on ownership of company stock, y, versus years with the firm, x.X612146913159Y300408560252288650630522(a) Determine the least-squares regression line and interpret its slope(b) For an employee who has been with the firm 10 years, what is the predicted number of shares owned?(c) Is there a statistical significance between years of service and ownership of company stocks? (use α=0.05α=0.05)

9CVFPA The Asker · Probability and Statistics

For a sample of 8 employees, a personnel director has collected the following data on ownership of company stock, y, versus years with the firm, x.

 X 6 12 14 6 9 13 15 9 Y 300 408 560 252 288 650 630 522

(a) Determine the least-squares regression line and interpret its slope

(b) For an employee who has been with the firm 10 years, what is the predicted number of shares owned?

(c) Is there a statistical significance between years of service and ownership of company stocks? (use α=0.05α=0.05)

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