Solved: Formulas to calculate the slope and intercept, Accounting Basics

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Formulas to calculate the slope and intercept

Problem:

(a) Make an Excel worksheet to calculate SSxx, SSyy, and SSxy. (b) Use the formulas to calculate the slope and intercept. (SEE Chart below)
Part-Time Weekly Earnings by College Students
Hours
Worked (X) Weekly
Pay (Y)
10 93
15 171
20 204
20 156
35 261

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Accounting Basics: Formulas to calculate the slope and intercept

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