10.000 points Sandy\'s Socks makes the world\'s best socks. Information for the

Question

10.000 points Sandy's Socks makes the world's best socks. Information for the last eight months follows: Number of Socks Month Produced Total Cost January 8,000 $7,000 February 4,500 5,000 March 7,000 6,250 April 8,600 7,750 May 3,750 5,000 June 6,000 6,250 July 3,000 4,250 August 5,000 5,750 Prepare a scattergraph by plotting Sandy's data on a graph draw the line you believe best fits theadata. Instructions: 1. Use the point tool (8 points) to plot each socks Produced Total cost combination. 2. To enter exact coordinates, double click on the point and enter the values for each socks Produced and Total Cost. 3. use the line tool provided to plot an approximate regression line for this the line tool, first click on the appropriate y-intercept point, then click the second appropriate point on the graph to create the line. scattergraph Cost of Socks

Explanation / Answer

Months Number of socks Produced Total Cost Jan 8000 $7,000 feb 4500 $5,000 mar 7000 $6,250 apr 8600 $7,750 may 3750 $5,000 june 6000 $6,250 july 3000 $4,250 aug 5000 $5,750

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