Reference no: EM133036910

The president of a company was interested in determining whether there is a correlation between sales made by different sales teams and hours spent on employee training. These figures are shown.

1. Compute the correlation coefficient for the data. (Round your answer to 4 decimal places, e.g., 500.2555.)
   The correlation coefficient is _______________
   What is your interpretation of this value? (Do not round your intermediate computations to answer this question.)
   There is _______ linear association between sales and training hours.  

• Using the data, what would you expect sales to be if training was increased to 18 hours? Use the linear regression model. (Round your answer to 2 decimal places, e.g., 500.25.)
  Sales = ___________________ (in thousands)