Question
A sales manager for an advertising agency believes there is a relationship between the number of contacts that a salesperson makes and the amount of
A sales manager for an advertising agency believes there is a relationship between the number of contacts that a salesperson makes and the amount of sales dollars earned. A regression ANOVA shows the following results.
Anova
df ss ms F Significance F
Regression 1.00 13,555.42 13,555.42 156.38 0.00
Residual 8.00 693.48 87.08
Total 9.00 14,248.90
a. What is the value of the standard error of estimate?
b. What is the value of the coefficient of correlation?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Elementary Symbolic Logic
Authors: William Gustason, Dolph E Ulrich
2nd Edition
1478616857, 9781478616856
