Question
A manager of a product sales group believes the number of sales made by an employee ( Y ) depends on how many years that
A manager of a product sales group believes the number of sales made by an employee (Y) depends on how many years that employee has been with the company (X1) and how he/she scored on a business aptitude test (X2). A random sample of 8 employees provides the following:
Employee Y X1 X2
1 100 10 7
2 90 3 10
3 80 8 9
4 70 5 4
5 60 5 8
6 50 7 5
7 40 1 4
8 30 1 1
1 what is the adjusted r2 for this model?
2,what is the value for the three regression coefficients,b0,b1, and b2?
3,for each coefficient determine whether it is significant at 95 % confidence level?explain
4,using the aptitude test what does the moel predict for his/her expected sales?
5,residual plot against the two independent variables and comment on your interpretation of the result.
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