A regression model relating the number of salespersons at a branch office to annual sales at the
Question:
A regression model relating the number of salespersons at a branch office to annual sales at the office (in thousands of dollars) provided the following regression output.
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a. Write the estimated regression equation.
b. Compute the F statistic and test the significance of the relationship at the .05 level of significance.
c. Compute the t statistic and test the significance of the relationship at the .05 level of significance.
d. Predict the annual sales at the Memphis branch office. This branch employs 12 salespersons.
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Step by Step Answer:
a 800 500 x b F MSR MSE 68286 821 8317 From the F table 1 degree of freedom numerator and 28 ...View the full answer
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Related Book For 
Essentials Of Modern Business Statistics With Microsoft Excel
ISBN: 9780840062383
5th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
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