Discussion Question
A manager is assessing the correlation between the number of employees in a plant and the number of products produced yearly. The table below shows the data:
Number of employees (x)
|
0
|
25
|
50
|
75
|
100
|
125
|
150
|
175
|
200
|
Number of products (y)
|
10
|
160
|
310
|
460
|
510
|
660
|
710
|
860
|
910
|
Part A: Is there any correlation between the number of employees in the plant and the number of products produced yearly? Justify your answer.
Part B: Write a function which best fits the data.
Part C: What does the slope and y-intercept of the plot indicate?