MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Mr. James, president of Daniel-James Financial Services, believes that there is a relationship between the number of client contacts and the dollar amount of sales. To document this assertion, he gathered the following information from a sample of clients for the last month. Let X represent the number of times that the client was contacted and Y represent the valye of sales ($1000) for each client sampled.

Number of Contacts (X) Sales ($1000)
14 24
12 14
20 28
16 30
23 30

c) James would like to require 30 client contacts per month. Based upon the above data, predict what the monthly sales would be for this number of client contacts. What would be your advice to Mr. James about his proposed policy?

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