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A retail company collects data on the experience of a salesperson with annual sales data that the sales have made. From these data, the leadership
A retail company collects data on the experience of a salesperson with annual sales data that the sales have made. From these data, the leadership The company wants to know the relationship between the length of experience a sales person has to the number of annual sales it has made. The results of the data length of experience a salesperson with the number of annual sales can be seen as the table below b Table of experience and sales relationship sample data No Experience Annual Sales (Year) (Million) 80 N W 97 W 4 92 4 4 102 5 6 103 6 111 10 119 8 10 123 9 11 117 10 13 136 From this case with a significance level of a = 0.05. a. Find the regression estimation equation! b. If the total experience is 15 years, what is the predicted number of year sales? c. Look for SSE, SST and SSR! d. Find the coefficient of determination and correlation coefficient! e. Find the estimated variance (s2) and the standard error (s)! f. Test the linear regression using the t-test and what are the conclusions! g. Test the linear regression using the F test and what are the conclusions
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