7. A university professor conducted some research into factors that affect job satisfaction. The four factors considered were Interesting work, Good wages, Job security and Appreciation of work done.
The professor interviewed workers at 14 different companies and asked them to rate their companies on each of the factors. The workers' ratings were averaged to give each company a score out of 5 on each factor.
Each company was also given a score out of 100 for Job satisfaction.
The following graph shows the part of the research concerning Job Satisfaction versus Interesting work.
\begin{figure}[h]
\captionsetup{labelformat=empty}
\caption{Job satisfaction versus Interesting work}
\includegraphics[alt={},max width=\textwidth]{3cf25b54-d4a1-4d30-b632-3f6d3182a930-6_647_1330_959_340}
\end{figure}
- Calculate the equation of the least squares regression line of Job satisfaction ( \(y\) ) on Interesting work ( \(x\) ), given the following summary statistics.
$$\begin{array} { l l l }
\sum x = 46 \cdot 2 , & \sum y = 898 , & S _ { x x } = 3 \cdot 48
S _ { x y } = 49 \cdot 45 , & S _ { y y } = 1437 \cdot 714 , & n = 14
\end{array}$$ - Give two reasons why it would be inappropriate for the professor to use this equation to calculate the score for Interesting work from a Job satisfaction score of 90.