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Hello please help me to answer this thank you! I need this asap. Please provide correct answer thank you! De Vera's company wants to improve
Hello please help me to answer this thank you!
I need this asap.
Please provide correct answer thank you!
De Vera's company wants to improve sales. According to the 2018 sales, the average sale was 32,456 per transaction and after conducting a marketing strategy training, recent sales data from a sample of 35 salesmen indicates an average sale of 45,834, with a standard deviation of 3,525. Did the training work? Test your hypothesis at a 5% level. Classify the appropriate analysis for this scenario/experiment. t-Test for One Sample Mean Z-Test for Two Sample Means t-Test for Two Independent Sample Means t-Test for Two Dependent Sample Means F-test for Two-Sample Variance Correlation analysis Regression analysis Sporty cars are designed to provide better handling, acceleration, and a more responsive driving experience than a typical sedan. But, even within this select group of cars, performance as well as price can vary. Consumer Reports provided road-test scores and prices for the following 12 sporty cars. Prices are in thousands of dollars and road-test scores are based on a 0-100 rating scale, with higher values indicating better performance. Based on the output below, estimate the price of a car when the Road-Test score is 66. SUMMARY OUTPUT SS MS F P-value Regression Statistics Regression 92.7049 92.7049 3.6545 0.0850 Multiple R 0.5173 Residual 10 253.6751 25.3675 R Square 0.2676 Total 11 346.3800 Adjusted R Square 0.1944 Standard Error 5.0366 Coefficients Standard Error t Stat P-value Observations 12 Intercept 3.8694 12.8621 0.3008 0.7697 Road-Test Score (Y) 0.3149 0.1647 1.91170 24.6 255.6 21.8 23.7Step by Step Solution
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