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
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.
look at the TABLE in picture sent
A)Write the estimated linear regression equation. (Be sure to define the variables first).
B) Interpret the intercept coefficient.
C)Interpret the slope coefficient.
D)Test for a significant relationship. Use?= 0.05.
E)Did the estimated linear regression equation provide a good fit?
F)Predict the annual sales in the Memphis branch. The branch employs 12 salespersons
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