Eastern and Southern African Management Institute

Term Project
QUANTITATIVE METHODS

QM 501

Mashaka Haryson

Intake 22EDA

ID No: 22EDA 10979

 FREQUENCY DISTRIBUTION TABLE

Sample of 82 Employee below is the Frequency Distribution Table

EMPLOYE YEARS OF ANNUAL
E ID EDUCATION SALARY WORK EXPERIENCE(months)
179 8 16200 29
180 12 16500 59
181 12 17100 101
182 12 17250 228
183 12 17400 72
184 8 18450 53
185 12 19200 380
186 12 19650 33
187 12 19650 13
188 12 19650 208
189 8 19800 240
190 12 20400 35
191 12 21300 288
192 12 21900 180
193 12 22050 41
194 12 22350 231
195 12 22350 36
196 12 22500 214
197 12 22500 49
198 12 22650 156
199 12 23100 69
200 15 23100 9
201 15 23100 150
202 12 23250 47
203 12 23400 50
204 15 24000 69
205 12 24000 258
206 16 24000 284
207 15 24300 91
208 15 24750 16
209 16 24900 75
210 15 25200 216
211 15 25350 108
212 12 25500 64
213 18 25500 302
214 15 26400 9
215 19 26550 7
Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 2 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 216 12 26700 72
217 16 27150 149
218 15 27300 34
219 15 27300 32
220 17 27450 85
221 12 27450 97
222 15 27750 265
223 19 27750 48
224 16 28200 0
225 15 28950 0
226 15 29100 4
229 15 29100 358
230 16 29340 317
231 12 29850 3
232 12 30150 62
233 19 30600 52
234 19 30600 44
235 15 30750 13
236 12 30750 9
237 12 33150 0
238 15 33750 5
239 16 34500 5
240 19 34620 81
241 12 36000 390
242 16 37500 4
243 8 38400 0
244 16 38850 5
245 12 39300 18
246 12 39600 0
247 8 40200 11
248 8 40800 9
249 12 50550 11
250 12 51250 19
251 15 52125 13
252 8 54375 9
253 15 54900 0
254 12 55500 29
255 12 58750 460
256 15 61875 221
257 8 66750 199
258 8 67500 24
259 12 68125 5
260 12 70875 5
261 8 75000 18

Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 3 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 262 13 80000 8
$2,675,73
TOTAL $1,080 5 $7,663

SALARY YEARS OF EDUCATION

Cumulative Cumulative
Bin Frequency % Bin Frequency %
16200 1 1.22% 8 10 12.20%
23288.88889 23 29.27% 9.222222 0 12.20%
30377.77778 28 63.41% 10.44444 0 12.20%
37466.66667 9 74.39% 11.66667 0 12.20%
44555.55556 7 82.93% 12.88889 37 57.32%
51644.44444 2 85.37% 14.11111 1 58.54%
58733.33333 4 90.24% 15.33333 19 81.71%
65822.22222 2 92.68% 16.55556 8 91.46%
72911.11111 4 97.56% 17.77778 1 92.68%
More 2 100.00% More 6 100.00%

TOTAL(N) 82 82

MEASURES OF CENTRAL TENDENCY

Annual
Employee ID Education Years work exp (months)
Salary

179 8 25200 29
180 12 24000 59
181 12 27450 101
182 12 18450 228
183 12 39300 72
184 8 38850 53
185 12 30750 380
186 12 37500 33
187 12 58750 13
188 12 34500 208
189 8 36000 240
190 12 29100 35
191 12 16500 288
192 12 19650 180
Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 4 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 193 12 24750 41
194 12 27150 231
195 12 26400 36
196 12 23100 214
197 12 54900 49
198 12 70875 156
199 12 51250 69
200 15 67500 9
201 15 29340 150
202 12 39600 47
203 12 29100 50
204 15 33150 69
205 12 66750 258
206 16 33750 284
207 15 27300 91
208 15 24000 16

209 16 19800 75
210 15 30600 216
211 15 28950 108
212 12 38400 64
213 18 30750 302
214 15 20400 9
215 19 19200 7
216 12 30150 72
217 16 34620 149
218 15 80000 34
219 15 25350 32
220 17 29850 85
221 12 24000 97
222 15 27750 265
223 19 22350 48
224 16 16200 0
225 15 21900 0
226 15 23250 4
229 15 17250 358
230 16 22500 317
231 12 40200 3
232 12 55500 62
233 19 26550 52
234 19 50550 44
235 15 75000 13
236 12 27450 9
Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 5 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 237 12 22650 0
238 15 27300 5
239 16 27750 5
240 19 54375 81
241 12 17400 390
242 16 40800 4
243 8 23100 0
244 16 22500 5
245 12 26700 18
246 12 24900 0
247 8 19650 11
248 8 22050 9
249 12 25500 11
250 12 28200 19
251 15 23100 13
252 8 25500 9
253 15 17100 0
254 12 68125 29
255 12 30600 460
256 15 52125 221
257 8 61875 199
258 8 21300 24
259 12 19650 5
260 12 22350 5
261 8 23400 18
262 13 24300 8

SUMMARY OF MEASURES OF CENTRAL

TENDENCY

SALARY DESCRIPTIVE
STATISTICS
Mean 32630.91463
Median 27375
Standard Deviation 15043.99628
Sample Variance 226321824.2
Range 63800
Minimum 16200
Maximum 80000
Sum 2675735
Total frequency 82

Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 6 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 YEARS OF EDUCATION

Mean 13.17073171
Median 12
Mode 12
Standard Deviation 2.840643633
Sample Variance 8.069256248
Range 11
Minimum 8
Maximum 19
Sum 1080
Total frequency 82

WORK EXPERIENCE(Months)
Mean 93.45121951

Median 47.5
Mode 0
Standard Deviation 112.2352195
Sample Variance 12596.7445
Range 460
Minimum 0
Maximum 460
Sum 7663
Total frequency 82

MEAN MEDIAN

years of Annual years of Annual work exp

work exp (months)
education Salary education Salary (months)

8 25200 29 8 16200 0
12 24000 59 8 16500 0
12 27450 101 8 17100 0
12 18450 228 8 17250 0
12 39300 72 8 17400 0
8 38850 53 8 18450 0
12 30750 380 8 19200 3
Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 7 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 12 37500 33 8 19650 4
12 58750 13 8 19650 4
12 34500 208 8 19650 5
8 36000 240 12 19800 5
12 29100 35 12 20400 5
12 16500 288 12 21300 5
12 19650 180 12 21900 5

12 24750 41 12 22050 7
12 27150 231 12 22350 8
12 26400 36 12 22350 9
12 23100 214 12 22500 9
12 54900 49 12 22500 9
12 70875 156 12 22650 9
12 51250 69 12 23100 9
15 67500 9 12 23100 11
15 29340 150 12 23100 11
12 39600 47 12 23250 13
12 29100 50 12 23400 13
15 33150 69 12 24000 13
12 66750 258 12 24000 16
16 33750 284 12 24000 18
15 27300 91 12 24300 18
15 24000 16 12 24750 19

16 19800 75 12 24900 24
15 30600 216 12 25200 29
15 28950 108 12 25350 29
12 38400 64 12 25500 32
18 30750 302 12 25500 33
15 20400 9 12 26400 34
19 19200 7 12 26550 35
12 30150 72 12 26700 36
16 34620 149 12 27150 41
15 80000 34 12 27300 44
15 25350 32 12 27300 47
17 29850 85 12 27450 48
12 24000 97 12 27450 49
15 27750 265 12 27750 50
19 22350 48 12 27750 52
16 16200 0 12 28200 53
15 21900 0 12 28950 59
15 23250 4 13 29100 62
Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 8 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 15 17250 358 15 29100 64
16 22500 317 15 29340 69
12 40200 3 15 29850 69
12 55500 62 15 30150 72
19 26550 52 15 30600 72
19 50550 44 15 30600 75
15 75000 13 15 30750 81
12 27450 9 15 30750 85
12 22650 0 15 33150 91
15 27300 5 15 33750 97
16 27750 5 15 34500 101
19 54375 81 15 34620 108
12 17400 390 15 36000 149
16 40800 4 15 37500 150
8 23100 0 15 38400 156
16 22500 5 15 38850 180
12 26700 18 15 39300 199
12 24900 0 15 39600 208
8 19650 11 15 40200 214
8 22050 9 16 40800 216
12 25500 11 16 50550 221
12 28200 19 16 51250 228
15 23100 13 16 52125 231
8 25500 9 16 54375 240
15 17100 0 16 54900 258
12 68125 29 16 55500 265
12 30600 460 16 58750 284
15 52125 221 17 61875 288
8 61875 199 18 66750 302
8 21300 24 19 67500 317
12 19650 5 19 68125 358
12 22350 5 19 70875 380
8 23400 18 19 75000 390
13 24300 8 19 80000 460
1080 2675735 7663

Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 9 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 STANDARD DEVIATION
years of Annual work exp
education Salary (months) (X1-¯Xѕ) (X1-¯Xѕ)² (X2−¯Xw) (X2−¯Xw)²
X3 X1 X2
8 25200 29 $ (7,431) 55218492.3 -64.45121951 4153.959697
12 24000 59 $ (8,631) 74492687.42 -34.45121951 1186.886526
12 27450 101 $ (5,181) 26841876.45 7.548780488 56.98408685
12 18450 228 $ (14,181) 201098339.9 134.5487805 18103.37433
12 39300 72 $ 6,669 44476699.62 -21.45121951 460.1548186
8 38850 53 $ 6,219 38677022.79 -40.45121951 1636.30116
12 30750 380 $ (1,881) 3537839.861 286.5487805 82110.2036
12 37500 33 $ 4,869 23707992.3 -60.45121951 3654.349941
12 58750 13 $ 26,119 682206620.3 -80.45121951 6472.398721
12 34500 208 $ 1,869 3493480.105 114.5487805 13121.42311
8 36000 240 $ 3,369 11350736.2 146.5487805 21476.54506
12 29100 35 $ 29,100 846810000 -58.45121951 3416.545062
12 16500 288 $ (16,131) 260206406.9 194.5487805 37849.22799
12 19650 180 $ (12,981) 168504144.7 86.54878049 7490.691404

12 24750 41 $ (7,881) 62108815.47 -52.45121951 2751.130428

12 27150 231 $ (5,481) 30040425.23 137.5487805 18919.66701
12 26400 36 $ (6,231) 38824297.18 -57.45121951 3300.642623
12 23100 214 $ (9,531) 90838333.76 120.5487805 14532.00848
12 54900 49 $ 22,269 495912163 -44.45121951 1975.910916
12 70875 156 $ 38,244 1462610065 62.54878049 3912.349941
12 51250 69 $ 18,619 346670339.9 -24.45121951 597.8621356
15 67500 9 $ 34,869 1215853114 -84.45121951 7132.008477
15 29340 150 $ (3,291) 10830119.13 56.54878049 3197.764575
12 39600 47 $ 6,969 48568150.84 -46.45121951 2157.715794
12 29100 50 $ (3,531) 12467358.15 -43.45121951 1888.008477
15 33150 69 $ 519 269449.617 -24.45121951 597.8621356
12 66750 258 $ 34,119 1164111986 164.5487805 27076.30116
16 33750 284 $ 1,119 1252352.056 190.5487805 36308.83775
15 27300 91 $ (5,331) 28418650.84 -2.451219512 6.008477097
15 24000 16 $ (8,631) 74492687.42 -77.45121951 5998.691404

16 19800 75 $ 19,747 389944009 -18.45121951 340.4475015

15 30600 216 $ (2,031) 4124614.251 122.5487805 15018.2036
15 28950 108 $ (3,681) 13549132.54 14.54878049 211.6670137
12 38400 64 $ 5,769 33282345.96 -29.45121951 867.3743308
18 30750 302 $ (1,881) 3537839.861 208.5487805 43492.59384
15 20400 9 $ (12,231) 149595272.8 -84.45121951 7132.008477
19 19200 7 $ (13,431) 180389467.9 -86.45121951 7473.813355
Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 10 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 12 30150 72 $ (2,481) 6154937.422 -21.45121951 460.1548186
16 34620 149 $ 1,989 3956460.593 55.54878049 3085.667014
15 80000 34 $ 47,369 2243830248 -59.45121951 3534.447501
15 25350 32 $ (7,281) 53011717.91 -61.45121951 3776.25238
17 29850 85 $ (2,781) 7733486.202 -8.451219512 71.42311124
12 24000 97 $ (8,631) 74492687.42 3.548780488 12.59384295
15 27750 265 $ (4,881) 23823327.67 171.5487805 29428.98409
19 22350 48 $ (10,281) 105697205.7 -45.45121951 2065.813355
16 16200 0 $ (16,431) 269974955.7 -93.45121951 8733.130428
15 21900 0 $ (10,731) 115152528.9 -93.45121951 8733.130428
15 23250 4 $ (9,381) 88001559.37 -89.45121951 8001.520672
15 17250 358 $ (15,381) 236572535 264.5487805 69986.05726
16 22500 317 $ (10,131) 102635431.3 223.5487805 49974.05726
12 40200 3 $ 7,569 57291053.28 -90.45121951 8181.423111
12 55500 62 $ 22,869 522995065.5 -31.45121951 989.1792088
19 26550 52 $ (6,081) 36977522.79 -41.45121951 1718.203599
19 50550 44 $ 17,919 321093620.3 -49.45121951 2445.423111
15 75000 13 $ 42,369 1795139395 -80.45121951 6472.398721
12 27450 9 $ (5,181) 26841876.45 -84.45121951 7132.008477
12 22650 0 $ (9,981) 99618656.93 -93.45121951 8733.130428
15 27300 5 $ (5,331) 28418650.84 -88.45121951 7823.618233
16 27750 5 $ (4,881) 23823327.67 -88.45121951 7823.618233
19 54375 81 $ 21,744 472805248.4 -12.45121951 155.0328673
12 17400 390 $ (15,231) 231980760.6 296.5487805 87941.17921
16 40800 4 $ 8,169 66733955.71 -89.45121951 8001.520672
8 23100 0 $ (9,531) 90838333.76 -93.45121951 8733.130428
16 22500 5 $ (10,131) 102635431.3 -88.45121951 7823.618233
12 26700 18 $ (5,931) 35175748.4 -75.45121951 5692.886526
12 24900 0 $ (7,731) 59767041.08 -93.45121951 8733.130428
8 19650 11 $ (12,981) 168504144.7 -82.45121951 6798.203599
8 22050 9 $ (10,581) 111955754.5 -84.45121951 7132.008477
12 25500 11 $ (7,131) 50849943.52 -82.45121951 6798.203599
12 28200 19 $ (4,431) 19633004.5 -74.45121951 5542.984087
15 23100 13 $ (9,531) 90838333.76 -80.45121951 6472.398721
8 25500 9 $ (7,131) 50849943.52 -84.45121951 7132.008477
15 17100 0 $ (15,531) 241209309.4 -93.45121951 8733.130428
12 68125 29 $ 35,494 1259830096 -64.45121951 4153.959697
12 30600 460 $ (2,031) 4124614.251 366.5487805 134358.0085
15 52125 221 $ 19,494 380019364.3 127.5487805 16268.6914
8 61875 199 $ 29,244 855216528.9 105.5487805 11140.54506
8 21300 24 $ (11,331) 128389626.4 -69.45121951 4823.471892
12 19650 5 $ (12,981) 168504144.7 -88.45121951 7823.618233
12 22350 5 $ (10,281) 105697205.7 -88.45121951 7823.618233
8 23400 18 $ (9,231) 85209784.98 -75.45121951 5692.886526
Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 11 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 13 24300 8 $ (8,331) 69404138.64 -85.45121951 7301.910916
$ 65,209 19391722037 -2.07478E-12 1020336.305

COEFFICIENT OF VARIATION

Annual Salary years of education work exp (months)

25200 8 29
24000 12 59
27450 12 101
18450 12 228
39300 12 72
38850 8 53
30750 12 380
37500 12 33
58750 12 13
34500 12 208
36000 8 240
29100 12 35
16500 12 288
19650 12 180

24750 12 41
27150 12 231
26400 12 36
23100 12 214
54900 12 49
70875 12 156
51250 12 69
67500 15 9
29340 15 150
39600 12 47
29100 12 50
33150 15 69
66750 12 258
33750 16 284
27300 15 91
24000 15 16
Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 12 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 19800 16 75
30600 15 216
28950 15 108
38400 12 64
30750 18 302
20400 15 9
19200 19 7
30150 12 72
34620 16 149
80000 15 34
25350 15 32
29850 17 85
24000 12 97
27750 15 265
22350 19 48
16200 16 0
21900 15 0
23250 15 4
17250 15 358
22500 16 317
40200 12 3
55500 12 62
26550 19 52
50550 19 44
75000 15 13
27450 12 9
22650 12 0
27300 15 5
27750 16 5
54375 19 81
17400 12 390
40800 16 4
23100 8 0
22500 16 5
26700 12 18
24900 12 0
19650 8 11
22050 8 9
25500 12 11
28200 12 19
23100 15 13
25500 8 9
17100 15 0
Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 13 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 68125 12 29
30600 12 460
52125 15 221
61875 8 199
21300 8 24
19650 12 5
22350 12 5
23400 8 18
24300 13 8
2675735 1080 7663

Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 14 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 15 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 CONFIDENCE INTERVAL ESTIMATION
SALARY
CONFIDENCE LEVEL 95%

DATA

Standard deviation for salary 15,043.996

Arithmetic mean for salary 32,631.000
Sample size 82.000
Confidence level (95%) 0.95

INTERMEDIATE CALCULATIONS
Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 16 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 Standard Error of the Mean 1,661.331
Z Value (1.960)
Interval Half Width 3,256.150

CONFIDENCE INTERVAL

Intervals lower Limit 29,374.85

Intervals upper Limit 35,887.15

CONFIDENCE INTERVAL ESTIMATION MONTHS OF

EXPERIENCE
CONFIDENCE LEVEL 95%
DATA

Standard deviation for work exp 112.23522

Arithmetic mean for work exp 93.45122

Sample size 82

Confidence level(95%) 0.95

INTERMEDIATE CALCULATIONS

Standard Error of the Mean 12.3943066

Z Value -1.959964
Interval Half Width 24.2923945

CONFIDENCE INTERVAL

Intreval lower Limit 69.1588255

Intreval upper Limit 117.743614

Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 17 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 CONFIDENCE INTERVAL ESTIMATION
SALARY
CONFIDENCE LEVEL 95%

DATA

Standard deviation for salary 15,043.996

Arithmetic mean for salary 32,631.000
Sample size 82.000
Confidence level (95%) 0.95

INTERMEDIATE CALCULATIONS

Standard Error of the Mean 1,661.331

Z Value (1.960)
Interval Half Width 3,256.150

CONFIDENCE INTERVAL

Intervals lower Limit 29,374.85

Intervals upper Limit 35,887.15

CONFIDENCE INTERVAL ESTIMATION MONTHS OF

EXPERIENCE
CONFIDENCE LEVEL 95%
DATA

Standard deviation for work exp 112.23522

Arithmetic mean for work exp 93.45122
Sample size 82
Confidence level (95%) 0.95

Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 18 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 INTERMEDIATE CALCULATIONS

Standard Error of the Mean 12.3943066

Z Value -1.959964
Interval Half Width 24.2923945

CONFIDENCE INTERVAL

Interval lower Limit 69.1588255

Interval upper Limit 117.743614

Z TEST WORKSHEET

DATA
SALARY MEAN HYPOTHESIS
TEST

Null hypothesis test $ 40,000

Level of Significance 0.05
population standard deviation 15043.99628
Sample size 82
Sample Mean 32631

INTERMEDIATE CALCULATIONS

Standard Error of the Mean 1661.331467

Z Test statistic -4.435598882

Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 19 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 TWO-TAILORED TEST

Lower critical value -1.959963985

Upper Limit 1.959963985
P-Value 9.18167E-06
REJECT THE NULL
HYPOTHESIS

Z TEST WORKSHEET

DATA
AVERAGE PERIOD IN EMPLOYMENT IS MORE THAN 15YEARS
MEAN HYPOTHESIS TEST

Null hypothesis test 15

Level of Significance 0.05
population standard deviation 112.23522
Sample size 82
Sample Mean 93.45122

INTERMEDIATE CALCULATIONS

Standard Error of the Mean 12.394307

Z Test statistic 6.3296175

TWO-TAILORED TEST

Lower critical value -1.959964

Upper Limit 1.959964
P-Value 2.458E-10
DO NOT REJECT THE NULL HYPOTHESIS

Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 20 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 COEFFICIENT OF CORRELATION
salary and years of education
Employee
years of
Annual Salary
education(
ID (Y)
X) (X.Y) (X)² (Y²)
179 8 25200 201600 64 635,040,000
180 12 24000 288000 144 576,000,000
181 12 27450 329400 144 753,502,500
182 12 18450 221400 144 340,402,500
183 12 39300 471600 144 1,544,490,000
184 8 38850 310800 64 1,509,322,500
185 12 30750 369000 144 945,562,500
186 12 37500 450000 144 1,406,250,000
187 12 58750 705000 144 3,451,562,500
188 12 34500 414000 144 1,190,250,000
189 8 36000 288000 64 1,296,000,000
190 12 29100 349200 144 846,810,000
191 12 16500 198000 144 272,250,000
192 12 19650 235800 144 386,122,500
193 12 24750 297000 144 612,562,500
194 12 27150 325800 144 737,122,500
195 12 26400 316800 144 696,960,000
196 12 23100 277200 144 533,610,000
197 12 54900 658800 144 3,014,010,000
198 12 70875 850500 144 5,023,265,625
199 12 51250 615000 144 2,626,562,500
200 15 67500 1012500 225 4,556,250,000
201 15 29340 440100 225 860,835,600
202 12 39600 475200 144 1,568,160,000
203 12 29100 349200 144 846,810,000
204 15 33150 497250 225 1,098,922,500
205 12 66750 801000 144 4,455,562,500
206 16 33750 540000 256 1,139,062,500
207 15 27300 409500 225 745,290,000
208 15 24000 360000 225 576,000,000
209 16 19800 316800 256 392,040,000
210 15 30600 459000 225 936,360,000
211 15 28950 434250 225 838,102,500
212 12 38400 460800 144 1,474,560,000
213 18 30750 553500 324 945,562,500
214 15 20400 306000 225 416,160,000
215 19 19200 364800 361 368,640,000
216 12 30150 361800 144 909,022,500
Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 21 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 217 16 34620 553920 256 1,198,544,400
218 15 80000 1200000 225 6,400,000,000
219 15 25350 380250 225 642,622,500
220 17 29850 507450 289 891,022,500
221 12 24000 288000 144 576,000,000
222 15 27750 416250 225 770,062,500
223 19 22350 424650 361 499,522,500
224 16 16200 259200 256 262,440,000
225 15 21900 328500 225 479,610,000
226 15 23250 348750 225 540,562,500
229 15 17250 258750 225 297,562,500
230 16 22500 360000 256 506,250,000
231 12 40200 482400 144 1,616,040,000
232 12 55500 666000 144 3,080,250,000
233 19 26550 504450 361 704,902,500
234 19 50550 960450 361 2,555,302,500
235 15 75000 1125000 225 5,625,000,000
236 12 27450 329400 144 753,502,500
237 12 22650 271800 144 513,022,500
238 15 27300 409500 225 745,290,000
239 16 27750 444000 256 770,062,500
240 19 54375 1033125 361 2,956,640,625
241 12 17400 208800 144 302,760,000
242 16 40800 652800 256 1,664,640,000
243 8 23100 184800 64 533,610,000
244 16 22500 360000 256 506,250,000
245 12 26700 320400 144 712,890,000
246 12 24900 298800 144 620,010,000
247 8 19650 157200 64 386,122,500
248 8 22050 176400 64 486,202,500
249 12 25500 306000 144 650,250,000
250 12 28200 338400 144 795,240,000
251 15 23100 346500 225 533,610,000
252 8 25500 204000 64 650,250,000
253 15 17100 256500 225 292,410,000
254 12 68125 817500 144 4,641,015,625
255 12 30600 367200 144 936,360,000
256 15 52125 781875 225 2,717,015,625
257 8 61875 495000 64 3,828,515,625
258 8 21300 170400 64 453,690,000
259 12 19650 235800 144 386,122,500
260 12 22350 268200 144 499,522,500
261 8 23400 187200 64 547,560,000
262 13 24300 315900 169 590,490,000

Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 22 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 TOTAL 1487
S 1080 2675735 35316120 8 105,643,748,125

COEFFICIENT OF CORRELATION
salary and months of experience
Employee
Annual work exp
Salary (months)
ID
(Y) (X) (Y²) (X)² XY

179 25200 29 635,040,000 841 730,800

180 24000 59 576,000,000 3481 1,416,000

181 27450 101 753,502,500 10201 2,772,450

182 18450 228 340,402,500 51984 4,206,600

183 39300 72 1,544,490,000 5184 2,829,600

184 38850 53 1,509,322,500 2809 2,059,050

185 30750 380 945,562,500 144400 11,685,000

186 37500 33 1,406,250,000 1089 1,237,500

187 58750 13 3,451,562,500 169 763,750

188 34500 208 1,190,250,000 43264 7,176,000

189 36000 240 1,296,000,000 57600 8,640,000

190 29100 35 1225
Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 23 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 846,810,000 1,018,500

191 16500 288 272,250,000 82944 4,752,000

192 19650 180 386,122,500 32400 3,537,000

193 24750 41 612,562,500 1681 1,014,750

194 27150 231 737,122,500 53361 6,271,650

195 26400 36 696,960,000 1296 950,400

196 23100 214 533,610,000 45796 4,943,400

197 54900 49 3,014,010,000 2401 2,690,100

198 70875 156 5,023,265,625 24336 11,056,500

199 51250 69 2,626,562,500 4761 3,536,250

200 67500 9 4,556,250,000 81 607,500

201 29340 150 860,835,600 22500 4,401,000

202 39600 47 1,568,160,000 2209 1,861,200

203 29100 50 846,810,000 2500 1,455,000

204 33150 69 1,098,922,500 4761 2,287,350

205 66750 258 4,455,562,500 66564 17,221,500

206 33750 284 1,139,062,500 80656 9,585,000

207 27300 91 745,290,000 8281 2,484,300

208 24000 16 576,000,000 256 384,000

209 19800 75 392,040,000 5625 1,485,000

210 30600 216 936,360,000 46656 6,609,600

211 28950 108 838,102,500 11664 3,126,600

212 38400 64 1,474,560,000 4096 2,457,600

213 30750 302 945,562,500 91204 9,286,500

214 20400 9 416,160,000 81 183,600

Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 24 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 215 19200 7 368,640,000 49 134,400

216 30150 72 909,022,500 5184 2,170,800

217 34620 149 1,198,544,400 22201 5,158,380

218 80000 34 6,400,000,000 1156 2,720,000

219 25350 32 642,622,500 1024 811,200

220 29850 85 891,022,500 7225 2,537,250

221 24000 97 576,000,000 9409 2,328,000

222 27750 265 770,062,500 70225 7,353,750

223 22350 48 499,522,500 2304 1,072,800

224 16200 0 262,440,000 0 -

225 21900 0 479,610,000 0 -

226 23250 4 540,562,500 16 93,000

229 17250 358 297,562,500 128164 6,175,500

230 22500 317 506,250,000 100489 7,132,500

231 40200 3 1,616,040,000 9 120,600

232 55500 62 3,080,250,000 3844 3,441,000

233 26550 52 704,902,500 2704 1,380,600

234 50550 44 2,555,302,500 1936 2,224,200

235 75000 13 5,625,000,000 169 975,000

236 27450 9 753,502,500 81 247,050

237 22650 0 513,022,500 0 -

238 27300 5 745,290,000 25 136,500

239 27750 5 770,062,500 25 138,750

240 54375 81 2,956,640,625 6561 4,404,375

241 17400 390 152100
Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 25 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 302,760,000 6,786,000

242 40800 4 1,664,640,000 16 163,200

243 23100 0 533,610,000 0 -

244 22500 5 506,250,000 25 112,500

245 26700 18 712,890,000 324 480,600

246 24900 0 620,010,000 0 -

247 19650 11 386,122,500 121 216,150

248 22050 9 486,202,500 81 198,450

249 25500 11 650,250,000 121 280,500

250 28200 19 795,240,000 361 535,800

251 23100 13 533,610,000 169 300,300

252 25500 9 650,250,000 81 229,500

253 17100 0 292,410,000 0 -

254 68125 29 4,641,015,625 841 1,975,625

255 30600 460 936,360,000 211600 14,076,000

256 52125 221 2,717,015,625 48841 11,519,625

257 61875 199 3,828,515,625 39601 12,313,125

258 21300 24 453,690,000 576 511,200

259 19650 5 386,122,500 25 98,250

260 22350 5 499,522,500 25 111,750

261 23400 18 547,560,000 324 421,200

262 24300 8 590,490,000 64 194,400

TOTALS 2675735 7663 105,643,748,125 1736453 248,002,880

Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 26 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 REGRESSION EQUATION
salary in related to years of education
Employee
Annual
years of
Salary
ID education(X)
(Y) (X.Y) (X)² (Y²)

179 8 25200 201,600 64 635,040,000

180 12 24000 288,000 144 576,000,000

181 12 27450 329,400 144 753,502,500

182 12 18450 221,400 144 340,402,500

183 12 39300 471,600 144 1,544,490,000

184 8 38850 310,800 64 1,509,322,500

185 12 30750 369,000 144 945,562,500

186 12 37500 450,000 144 1,406,250,000

187 12 58750 705,000 144 3,451,562,500

188 12 34500 414,000 144 1,190,250,000

189 8 36000 288,000 64 1,296,000,000

190 12 29100 349,200 144 846,810,000

191 12 16500 198,000 144 272,250,000

192 12 19650 235,800 144 386,122,500

Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 27 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 193 12 24750 297,000 144 612,562,500

194 12 27150 325,800 144 737,122,500

195 12 26400 316,800 144 696,960,000

196 12 23100 277,200 144 533,610,000

197 12 54900 658,800 144 3,014,010,000

198 12 70875 850,500 144 5,023,265,625

199 12 51250 615,000 144 2,626,562,500

200 15 67500 1,012,500 225 4,556,250,000

201 15 29340 440,100 225 860,835,600

202 12 39600 475,200 144 1,568,160,000

203 12 29100 349,200 144 846,810,000

204 15 33150 497,250 225 1,098,922,500

205 12 66750 801,000 144 4,455,562,500

206 16 33750 540,000 256 1,139,062,500

207 15 27300 409,500 225 745,290,000

208 15 24000 360,000 225 576,000,000

209 16 19800 316,800 256 392,040,000

210 15 30600 459,000 225 936,360,000

211 15 28950 434,250 225 838,102,500

212 12 38400 460,800 144 1,474,560,000

213 18 30750 553,500 324 945,562,500

214 15 20400 306,000 225 416,160,000

215 19 19200 364,800 361 368,640,000

216 12 30150 361,800 144 909,022,500

217 16 34620 256
Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 28 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 553,920 1,198,544,400

218 15 80000 1,200,000 225 6,400,000,000

219 15 25350 380,250 225 642,622,500

220 17 29850 507,450 289 891,022,500

221 12 24000 288,000 144 576,000,000

222 15 27750 416,250 225 770,062,500

223 19 22350 424,650 361 499,522,500

224 16 16200 259,200 256 262,440,000

225 15 21900 328,500 225 479,610,000

226 15 23250 348,750 225 540,562,500

227 0 0 - 0 -

228 0 0 - 0 -

229 15 17250 258,750 225 297,562,500

230 16 22500 360,000 256 506,250,000

231 12 40200 482,400 144 1,616,040,000

232 12 55500 666,000 144 3,080,250,000

233 19 26550 504,450 361 704,902,500

234 19 50550 960,450 361 2,555,302,500

235 15 75000 1,125,000 225 5,625,000,000

236 12 27450 329,400 144 753,502,500

237 12 22650 271,800 144 513,022,500

238 15 27300 409,500 225 745,290,000

239 16 27750 444,000 256 770,062,500

240 19 54375 1,033,125 361 2,956,640,625

241 12 17400 208,800 144 302,760,000

Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 29 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 242 16 40800 652,800 256 1,664,640,000

243 8 23100 184,800 64 533,610,000

244 16 22500 360,000 256 506,250,000

245 12 26700 320,400 144 712,890,000

246 12 24900 298,800 144 620,010,000

247 8 19650 157,200 64 386,122,500

248 8 22050 176,400 64 486,202,500

249 12 25500 306,000 144 650,250,000

250 12 28200 338,400 144 795,240,000

251 15 23100 346,500 225 533,610,000

252 8 25500 204,000 64 650,250,000

253 15 17100 256,500 225 292,410,000

254 12 68125 817,500 144 4,641,015,625

255 12 30600 367,200 144 936,360,000

256 15 52125 781,875 225 2,717,015,625

257 8 61875 495,000 64 3,828,515,625

258 8 21300 170,400 64 453,690,000

259 12 19650 235,800 144 386,122,500

260 12 22350 268,200 144 499,522,500

261 8 23400 187,200 64 547,560,000

262 13 24300 315,900 169 590,490,000

TOTALS 1080 2675735 35,316,120 14878 105,643,748,125

Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 30 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 REGRESSION EQUATION
salary as related to months of experience
Employee
Annual work exp
Salary (months)
ID
(Y) (X) (Y²) (X)² (X.Y)

179 25200 29 635,040,000 841 730,800

180 24000 59 576,000,000 3481 1,416,000

181 27450 101 753,502,500 10201 2,772,450

182 18450 228 340,402,500 51984 4,206,600

183 39300 72 1,544,490,000 5184 2,829,600

184 38850 53 1,509,322,500 2809 2,059,050

185 30750 380 945,562,500 144400 11,685,000

186 37500 33 1,406,250,000 1089 1,237,500

187 58750 13 3,451,562,500 169 763,750

188 34500 208 1,190,250,000 43264 7,176,000

189 36000 240 1,296,000,000 57600 8,640,000

190 29100 35 846,810,000 1225 1,018,500

191 16500 288 82944
Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 31 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 272,250,000 4,752,000

192 19650 180 386,122,500 32400 3,537,000

193 24750 41 612,562,500 1681 1,014,750

194 27150 231 737,122,500 53361 6,271,650

195 26400 36 696,960,000 1296 950,400

196 23100 214 533,610,000 45796 4,943,400

197 54900 49 3,014,010,000 2401 2,690,100

198 70875 156 5,023,265,625 24336 11,056,500

199 51250 69 2,626,562,500 4761 3,536,250

200 67500 9 4,556,250,000 81 607,500

201 29340 150 860,835,600 22500 4,401,000

202 39600 47 1,568,160,000 2209 1,861,200

203 29100 50 846,810,000 2500 1,455,000

204 33150 69 1,098,922,500 4761 2,287,350

205 66750 258 4,455,562,500 66564 17,221,500

206 33750 284 1,139,062,500 80656 9,585,000

207 27300 91 745,290,000 8281 2,484,300

208 24000 16 576,000,000 256 384,000

209 19800 75 392,040,000 5625 1,485,000

210 30600 216 936,360,000 46656 6,609,600

211 28950 108 838,102,500 11664 3,126,600

212 38400 64 1,474,560,000 4096 2,457,600

213 30750 302 945,562,500 91204 9,286,500

214 20400 9 416,160,000 81 183,600

215 19200 7 368,640,000 49 134,400

Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 32 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 216 30150 72 909,022,500 5184 2,170,800

217 34620 149 1,198,544,400 22201 5,158,380

218 80000 34 6,400,000,000 1156 2,720,000

219 25350 32 642,622,500 1024 811,200

220 29850 85 891,022,500 7225 2,537,250

221 24000 97 576,000,000 9409 2,328,000

222 27750 265 770,062,500 70225 7,353,750

223 22350 48 499,522,500 2304 1,072,800

224 16200 0 262,440,000 0 -

225 21900 0 479,610,000 0 -

226 23250 4 540,562,500 16 93,000

227 0 0 - 0 -

228 0 0 - 0 -

229 17250 358 297,562,500 128164 6,175,500

230 22500 317 506,250,000 100489 7,132,500

231 40200 3 1,616,040,000 9 120,600

232 55500 62 3,080,250,000 3844 3,441,000

233 26550 52 704,902,500 2704 1,380,600

234 50550 44 2,555,302,500 1936 2,224,200

235 75000 13 5,625,000,000 169 975,000

236 27450 9 753,502,500 81 247,050

237 22650 0 513,022,500 0 -

238 27300 5 745,290,000 25 136,500

239 27750 5 770,062,500 25 138,750

240 54375 81 6561
Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 33 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 2,956,640,625 4,404,375

241 17400 390 302,760,000 152100 6,786,000

242 40800 4 1,664,640,000 16 163,200

243 23100 0 533,610,000 0 -

244 22500 5 506,250,000 25 112,500

245 26700 18 712,890,000 324 480,600

246 24900 0 620,010,000 0 -

247 19650 11 386,122,500 121 216,150

248 22050 9 486,202,500 81 198,450

249 25500 11 650,250,000 121 280,500

250 28200 19 795,240,000 361 535,800

251 23100 13 533,610,000 169 300,300

252 25500 9 650,250,000 81 229,500

253 17100 0 292,410,000 0 -

254 68125 29 4,641,015,625 841 1,975,625

255 30600 460 936,360,000 211600 14,076,000

256 52125 221 2,717,015,625 48841 11,519,625

257 61875 199 3,828,515,625 39601 12,313,125

258 21300 24 453,690,000 576 511,200

259 19650 5 386,122,500 25 98,250

260 22350 5 499,522,500 25 111,750

261 23400 18 547,560,000 324 421,200

262 24300 8 590,490,000 64 194,400

TOTALS 2675735 7663 105,643,748,125 1736453 248,002,880

Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 34 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 \

Salary as related to both education and experience.

work
Employee
Annual
years of exp
Salary X1² X2² X1Y1 X2Y1 X1X2 X2
ID education(X1) (months)
(Y)
(X2)

179 25,200 8 29 64 841 201,600 730,800 232 730,80

180 24000 12 59 144 3,481 288,000 1,416,000 708 1,416,0

181 27450 12 101 144 10,201 329,400 2,772,450 1,212 2,772,4

182 18450 12 228 144 51,984 221,400 4,206,600 2,736 4,206,6

183 39300 12 72 144 5,184 471,600 2,829,600 864 2,829,6

184 38850 8 53 64 2,809 310,800 2,059,050 424 2,059,0

185 30750 12 380 144 144,400 369,000 11,685,000 4,560 11,685

186 37500 12 33 144 1,089 450,000 1,237,500 396 1,237,5

187 58750 12 13 144 169 705,000 763,750 156 763,75

188 34500 12 208 144 43,264 414,000 7,176,000 2,496 7,176,0

189 36000 8 240 64 57,600 288,000 8,640,000 1,920 8,640,0

190 29100 12 35 144 1,225 349,200 1,018,500 420 1,018,5

191 16500 12 288 144
Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 35 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 82,944 198,000 4,752,000 3,456 4,752,0

192 19650 12 180 144 32,400 235,800 3,537,000 2,160 3,537,0

193 24750 12 41 144 1,681 297,000 1,014,750 492 1,014,7

194 27150 12 231 144 53,361 325,800 6,271,650 2,772 6,271,6

195 26400 12 36 144 1,296 316,800 950,400 432 950,40

196 23100 12 214 144 45,796 277,200 4,943,400 2,568 4,943,4

197 54900 12 49 144 2,401 658,800 2,690,100 588 2,690,1

198 70875 12 156 144 24,336 850,500 11,056,500 1,872 11,056

199 51250 12 69 144 4,761 615,000 3,536,250 828 3,536,2

200 67500 15 9 225 81 1,012,500 607,500 135 607,50

201 29340 15 150 225 22,500 440,100 4,401,000 2,250 4,401,0

202 39600 12 47 144 2,209 475,200 1,861,200 564 1,861,2

203 29100 12 50 144 2,500 349,200 1,455,000 600 1,455,0

204 33150 15 69 225 4,761 497,250 2,287,350 1,035 2,287,3

205 66750 12 258 144 66,564 801,000 17,221,500 3,096 17,221

206 33750 16 284 256 80,656 540,000 9,585,000 4,544 9,585,0

207 27300 15 91 225 8,281 409,500 2,484,300 1,365 2,484,3

208 24000 15 16 225 256 360,000 384,000 240 384,00

209 19800 16 75 256 5,625 316,800 1,485,000 1,200 1,485,0

210 30600 15 216 225 46,656 459,000 6,609,600 3,240 6,609,6

211 28950 15 108 225 11,664 434,250 3,126,600 1,620 3,126,6

212 38400 12 64 144 4,096 460,800 2,457,600 768 2,457,6

213 30750 18 302 324 91,204 553,500 9,286,500 5,436 9,286,5

214 20400 15 9 225 81 306,000 183,600 135 183,60

215 19200 19 7 361 49 364,800 134,400 133 134,40

Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 36 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
216 30150 12 72 144 5,184 361,800 2,170,800 864 2,170,8

217 34620 16 149 256 22,201 553,920 5,158,380 2,384 5,158,3

218 80000 15 34 225 1,156 1,200,000 2,720,000 510 2,720,0

219 25350 15 32 225 1,024 380,250 811,200 480 811,20

220 29850 17 85 289 7,225 507,450 2,537,250 1,445 2,537,2

221 24000 12 97 144 9,409 288,000 2,328,000 1,164 2,328,0

222 27750 15 265 225 70,225 416,250 7,353,750 3,975 7,353,7

223 22350 19 48 361 2,304 424,650 1,072,800 912 1,072,8

224 16200 16 0 256 - 259,200 - - -

225 21900 15 0 225 - 328,500 - - -

226 23250 15 4 225 16 348,750 93,000 60 93,000

227 0 0 0 0 - - - - -

228 0 0 0 0 - - - - -

229 17250 15 358 225 128,164 258,750 6,175,500 5,370 6,175,5

230 22500 16 317 256 100,489 360,000 7,132,500 5,072 7,132,5

231 40200 12 3 144 9 482,400 120,600 36 120,60

232 55500 12 62 144 3,844 666,000 3,441,000 744 3,441,0

233 26550 19 52 361 2,704 504,450 1,380,600 988 1,380,6

234 50550 19 44 361 1,936 960,450 2,224,200 836 2,224,2

235 75000 15 13 225 169 1,125,000 975,000 195 975,00

236 27450 12 9 144 81 329,400 247,050 108 247,05

237 22650 12 0 144 - 271,800 - - -

238 27300 15 5 225 25 409,500 136,500 75 136,50

239 27750 16 5 256 25 444,000 138,750 80 138,75

240 54375 19 81 361
Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 37 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 6,561 1,033,125 4,404,375 1,539 4,404,3

241 17400 12 390 144 152,100 208,800 6,786,000 4,680 6,786,0

242 40800 16 4 256 16 652,800 163,200 64 163,20

243 23100 8 0 64 - 184,800 - - -

244 22500 16 5 256 25 360,000 112,500 80 112,50

245 26700 12 18 144 324 320,400 480,600 216 480,60

246 24900 12 0 144 - 298,800 - - -

247 19650 8 11 64 121 157,200 216,150 88 216,15

248 22050 8 9 64 81 176,400 198,450 72 198,45

249 25500 12 11 144 121 306,000 280,500 132 280,50

250 28200 12 19 144 361 338,400 535,800 228 535,80

251 23100 15 13 225 169 346,500 300,300 195 300,30

252 25500 8 9 64 81 204,000 229,500 72 229,50

253 17100 15 0 225 - 256,500 - - -

254 68125 12 29 144 841 817,500 1,975,625 348 1,975,6

255 30600 12 460 144 211,600 367,200 14,076,000 5,520 14,076

256 52125 15 221 225 48,841 781,875 11,519,625 3,315 11,519

257 61875 8 199 64 39,601 495,000 12,313,125 1,592 12,313

258 21300 8 24 64 576 170,400 511,200 192 511,20

259 19650 12 5 144 25 235,800 98,250 60 98,250

260 22350 12 5 144 25 268,200 111,750 60 111,75

261 23400 8 18 64 324 187,200 421,200 144 421,20

262 24300 13 8 169 64 315,900 194,400 104 194,40

TOTALS 2,675,735 1080 7663 14878 1,736,453 35,316,120 248,002,880 101,652 248,00

Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 38 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 39 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano
 Regression
Equation(S)= 31,289.79-2.09M+116.65E

Reference

Quantitative Methods Lecture Notes By- Prof. Ven Mvano, PhD

Business Mathematics and Statistics By- A. Francis

Student Name: Mashaka Haryson Student ID: 22EDA 10979 Page 40 of 40 Term Paper: QM 501 Name: Prof. Ven Mvano