Question
firm would like to monitor the progress of new agents. The goal is to identify? superstar agents and keep them with the company. The firm
firm would like to monitor the progress of new agents. The goal is to identify? "superstar agents" and keep them with the company. The firm has been monitoring sales of new agents over the past two years. The response of interest is the profit to the firm? (in dollars) or contracts sold by agents over their first year. Among the possible predictors of this performance is the number of new accounts developed by the agent during the first three months of work. Some of these agents were located in new? offices, whereas others joined an existing office. Complete parts? (a) through? (e) below.
(c) Assuming that the model meets the conditions for the? MRM, use the incremental? F-test to assess the size of the change in
R2.
?(The value of
kfull
for the model with dummy and interaction is? 3, with 2 slopes added. You will need to fit the simple regression to get its
R2
for comparison to the multiple? regression.) The critical value for the incremental? F-test is 4. Calculate the? F-statistic.
F=enter your response here
?(Round to two decimal places as? needed.)
PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need t A1 x v fx Profit_from_Sales A B C D E Profit_from_Sales Number_Accounts Office 19306.37 120 Existing 19175.19 18 New 260335.76 310 Existing 10994.39 14 New 48416.06 259 Existing 33007.09 18 New 29381.25 27 New LD DO 59389.19 347 Existing 10 113460.62 63 New 11 110468.55 78 New 12 3458.43 8 New 13 15511.85 9 New 14 14497.71 20 New 15 12126.49 13 New 16 22574.83 255 Existing 17 24716.58 236 Existing 18 21037.78 10 New 19 39552.67 91 Existing 20 18179.87 222 Existing 21 10160.12 27 New 22 19740.88 267 Existing 23 20447.21 137 Existing 24 6115.48 7 New 25 16772.52 13 New 26 15427.89 19 New 27 62598.26 98 New 28 32279.08 404 Existing 29 16839.44 16 New 30 11342.24 8 New 31 32186.32 21 New 32 33 34 35 36 37Step by Step Solution
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