The following data give the percentage of women working in five companies in the retail and trade industry. The percentage of management jobs held by women in each company is also shown:
% working: 67, 45, 73,54, 61
% management: 49, 21, 65, 47,33
a. Develop a scatter diagram for these data with the percentage of women working in the company as the independent variable.
b. What does the scatter diagram developed in part (a) indicate about the relationship between the two variables?
d. Develop the estimated regression equation by computing the values of b0 &b1.
e. Predict the percentage of management jobs held by women in a company that has 60% women employees.