Shipping errors at El Dorado International have become a source of unquestioned severity. Management is considering a
Question:
Shipping errors at El Dorado International have become a source of unquestioned severity. Management is considering a training program for employees who are guilty of such incompetence. However, the cost of the program is a concern. A total of 75 employees are subjected to the training and a record is kept of their subsequent errors. Data are collected on the number of hours of training and the number of errors each employee reports. Using hours of training as a regressor, the resultant model is
a. Interpret the results and analyze the effect of the training on shipping.
b. Set α at 4% and test the hypothesis for the significance of the regression coefficient.
c. Compute and interpret the 99% confidence interval for the regression coefficient.
Step by Step Answer:
Introductory Regression Analysis With Computer Application For Business And Economics
ISBN: 9780415899338
1st Edition
Authors: Allen Webster