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:
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.