Determine a model of how sales volume (svol) depends on the number of contacts a salesperson has.
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Determine a model of how sales volume (svol) depends on the number of contacts a salesperson has. Try a model of the form Y = a + b X and one of the form Y = a + b X + cX2.
For Y = a + b X R2 =
Model =
Standard Errors of Coefficients =
For Y = a + b X + cX2 R2 =
Model =
Standard errors of coefficients =
Which is the best model?
What do you conclude about the plausibility of this model over the long run?
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Related Book For
Research Methods For Business And Social Science Students
ISBN: 9788132113669
2nd Edition
Authors: John Adams
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