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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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Content X Content X _ Downloads X C Following Is A Portion Of -> G Amssu.blackboard.com/ultra/courses/_69745_1/cl/outline Question Completion Status: QUESTION T A regression model relating the number of salespersons at a branch office to annual sales at the office (in thou ANOVA df SS MS F Regression Residual 2298.80 Total 29 9127.40 Coefficients Standard Error t Stat P-value Intercept 80 11.333 Salespersons 50 5.482 Write the estimated linear regression equation. (Be sureto define the variables first. See the PPT) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 14px E E E X2 X2 TT The ABC EX: TT (;} O ? +

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