Refer to the data in Table 13-8 on order fulfillment time. Table 13-8 You decide to develop

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Refer to the data in Table 13-8 on order fulfillment time.

Table 13-8 

  • You decide to develop a regression model using order value, the number of products, and the location of the retailer as predictors. Find the model equation. Is it significant at α = 0.05?

What is R2 and interpret its value relative to that in Exercise 13-12, part (b).

  • Are all the predictors significant in the presence of others? Use α = 0.05.

What can you comment regarding the models for locations A and C?

Interpret the model coefficients of that for location B.

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