A manager believes that sales (S) (in $) is a function of the amount of work (H) and commission paid (C). Given data for both variables, the manager ran a regression analysis with the output shown here. Coefficients t Stat P-value Intercept 100 1.80 0.1008 Work Hours -2.20 0.01 Commission 7 2.66 0.04 Write down the regression model/ equation between the dependent and independent variables, and find the amount of sales for H=2 and c=5

A manager believes that sales (S) (in $) is a function of the amount of work (H) and commission paid (C). Given data for both variables, the manager ran a regression analysis with the output shown here. Coefficients t Stat P-value Intercept 100 1.80 0.1008 Work Hours -2.20 0.01 Commission 7 2.66 0.04 Write down the regression model/ equation between the dependent and independent variables, and find the amount of sales for H=2 and c=5

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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