Mathematics, 09.12.2021 17:30 citiboy45
A regression model relating x , number of salespersons at a branch office, to y, annual sales at the office (in thousands of dollars) provided the following regression output. Where n-total=34.
ANOVA
df SS MS F Significance F
Regression 6,786.3
Residual
Total 9,062.7
Coefficients Standard Error t Stat P-value
Intercept 70.0 11.879
Number of Salespersons 58.0 5.250
Required:
a. Write the estimated regression equation (to whole number).
b. Compute the F statistic and test the significance of the relationship at a level of significance.
Answers: 3
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A regression model relating x , number of salespersons at a branch office, to y, annual sales at the...
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