Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2. You may need to use the appropriate technology to answer this question. A regression model relating x, number of salespersons at a branch office,

2.

image text in transcribedimage text in transcribed
You may need to use the appropriate technology to answer this question. A regression model relating x, number of salespersons at a branch office, to y, annual sales at the office (in thousands of dollars) provided the following computer output from a regression analysis of the data. Analysis of Variance SOURCE DF Adj SS Adj MS Regression 1 6828 .6 6828 . 6 Error 28 2298.8 82.1 Total 29 9127 . 4 Predictor Coef SE Coef T Constant 80.0 11.333 7. 06 X 50 . 0 5 . 482 9 . 12 Regression Equation Y : 80.0 + 50.00 X (a) Write the estimated regression equation. f: (b) How many branch ofces were involved in the study? l:l (c) Compute the Fstatistic and test the signicance of the relationship at a 0.05 level of significance. State the null and alternative hypotheses. O H0: 191 = o Haj?1 : 0 O H0:10 = 0 Ha: 50 2 0 O H0: [91 2 D Haj?1

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Trigonometry A Unit Circle Approach (Subscription)

Authors: Michael Sullivan, Michael Sullivan III

11th Edition

0135229693, 9780135229699

More Books

Students also viewed these Mathematics questions

Question

what organizations are involved in lifecycle management

Answered: 1 week ago

Question

1. To generate a discussion on the concept of roles

Answered: 1 week ago

Question

6. What information processes operate in communication situations?

Answered: 1 week ago

Question

3. How can we use information and communication to generate trust?

Answered: 1 week ago