Instruction 12 -Referring to Instruction 12

question 112

Short Answer

Instruction 12.3
The director of cooperative education at a university wants to examine the effect of cooperative education job experience on marketability in the workplace. She takes a random sample of four students. For these four, she finds out how many times each had a cooperative education job and how many job offers they received upon graduation. These data are presented in the table below.
$$\begin{array} { | l | l | l | } \hline \text { Student } & \text { Coop jobs } & \text { job Offer } \\\hline 1 & 1 & 4 \\\hline 2 & 2 & 6 \\\hline 3 & 1 & 3 \\\hline 4 & 0 & 1 \\\hline\end{array}$$
-Referring to Instruction 12.3,the least squares estimate of the Y-intercept is____________.

---

Definitions:

Net Income

The total profit (or loss) after all expenses, including taxes, have been deducted from revenue; also called net earnings.

Double-Entry Bookkeeping

A system of recording and classifying business transactions that maintains the balance of the accounting equation.