An Ardent Fan of Television Game Shows Has Observed That

question 38

Essay

An ardent fan of television game shows has observed that, in general, the more educated the contestant, the less money he or she wins. To test her belief, she gathers data about the last eight winners of her favourite game show. She records their winnings in dollars and their years of education. The results are as follows. $$\begin{array} { | c | c | c | } \hline \text { Contestant } & \begin{array} { c } \text { Years of } \\\text { education }\end{array} & \text { Winnings } \\\hline 1 & 11 & 750 \\\hline 2 & 15 & 400 \\\hline 3 & 12 & 600 \\\hline 4 & 16 & 350 \\\hline 5 & 11 & 800 \\\hline 6 & 16 & 300 \\\hline 7 & 13 & 650 \\\hline 8 & 14 & 400 \\\hline\end{array}$$ Predict with 95% the winnings of all contestants who have 15 years of education.

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Definitions:

Customer Experience

The overall impression and satisfaction a consumer has as a result of interactions with a company's products, services, and brand throughout the customer journey.

Website Design

The process of creating the layout, visual appearance, and structure of a website.

Commerce

The activity of buying and selling, especially on a large scale, involving transportation and exchange of goods and services between individuals and businesses.

Electronic Funds Transfer

A digital transfer of money from one bank account to another, either within a single financial institution or across financial institutions, through computer-based systems.