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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 the picture sent
A) Interpret the intercept coefficient.
B)Interpret the slope coefficient.
C)Test for a significant relationship. Use?= 0.05. (PLEASE USE THE P-VALUE APPROACH HYPOTHESIS.
D) Did the estimated linear regression equation provide a good fit?
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