Answered step by step
Verified Expert Solution
Question
1 Approved Answer
SUMMARY OUTPUT Regression Statistics Multiple R 0,864631791 R Square 0,747588134 Adjusted R Squa 0,728171837 Standard Error 6,720290745 Observations 15 Coefficients Standard Error t Stat P-value
SUMMARY OUTPUT Regression Statistics Multiple R 0,864631791 R Square 0,747588134 Adjusted R Squa 0,728171837 Standard Error 6,720290745 Observations 15 Coefficients Standard Error t Stat P-value Intercept 19,98 4,389675533 4,551589 0,000544 Sales Calls 0,260625 0,042001817 6,205089 3,19E-05 The table attached is regression output of the relationship between number of phone call (by sales person to potentials customers) and number of unit sold (copier machine) 1. what is the independent and dependent variable ? 2. Develop the regression equation 3. Interprets the relationship between independent variable and dependent variable 4. Interpret the coefficient of determination 5. Does the relationship significance
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