Reference no: EM13579038

Question: Correlation and Regression Analysis:

The owner of a financial services firm believes that there is a relationship between the number of client contacts and the dollar amount of sales. He gathered the following sample information. The X column indicates the number of client contact last month, and the Y column shows the value of sales ($ thousand) last month for each client sampled

Number of Contacts (X)	Sales ($ thousand)(Y)
14	24
12	14
20	28
16	30
46	80
23	30
48	90
50	85
55	120
50	110

Find the coefficient of correlation:

Find the coefficient of determination and non-determination.:

Find the regression equation (Y=a + bX):

Determine the estimated sales if 37 contacts are made.