Below is a tabledisplaying the number of employees (x) and the profits per employee(y) for 16 publishing firms. Employees are recorded in 1000s ofemployees and profits per employee are recorded in $1000s.
Profits ($1000s) | 33.5 | 31.4 | 25.0 | 23.1 | 14.2 | 11.7 | 10.8 | 10.5 | 9.8 | 9.1 | 8.5 | 8.3 | 4.8 | 3.2 | 2.7 | -9.5 |
Employees (1000s) | 9.4 | 6.3 | 10.7 | 7.4 | 17.1 | 21.2 | 36.8 | 28.5 | 10.7 | 9.9 | 26.1 | 70.5 | 14.8 | 21.3 | 14.6 | 26.8 |
What is thecorrelation between these two variables?
If a linear regressionmodel were fit, what is the value of the slope and the value of they-intercept?
In a test for theslope of the regression line being equal to zero versus thetwo-sided alternate, what is the value of the test statistic andthe p-value?