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Number of sales made by an employee

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A manager of a product sales group believes the number of sales made by an employee (Y) depends on how many years that employee has been with the company (X1) . A random sample of 8 employees provides the following:

Employee   Y    X1  

1               100 10   

2                 90   3   

3                 80   8    

4                 70   5    

5                 60   5    

6                 50   7    

7                 40   1    

8                 30   1    

Referring to Table 14-1, for these data, what is the value for the regression constant, b0?

Reference no: EM132293442

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