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 ntotal = 32. %3D ANOVA df MS F Significance F Regression 6,680.6 Residual Total 8,707.4 Coefficients Standard Error t Stat P-value Intercept 70.0 11.098 Number of 47.0 5.124 Salespersons a. Write the estimated regression equation (to whole number). = 70.0 + 47.0 I b. Compute the F statistic and test the significance of the relationship at a 0.05 level of significance. (to 2 decimals) F-value p-value is -Select your answer - we - Select your answer - v Ho c. Compute the t statistic and test the significance of the relationship at a 0.05 level of significance. (to 2 decimals) t Stat p-value is -Select your answer - we - Select your answer - v Ho : B1 = 47 %3D d. Predict the annual sales at the Memphis branch office. This branch employs 10 salespersons. 540 thousand (to whole number)

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Compute the F statistic and test the significance of the relationship at a 0.05 level of significance

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 ntotal = 32.
ANOVA
df
SS
MS
F
Significance F
Regression
6,680.6
Residual
Total
8,707.4
Coefficients
Standard Error
t Stat
P-value
Intercept
70.0
11.098
Number of
47.0
5.124
Salespersons
a. Write the estimated regression equation (to whole number).
70.0 +
47.0 x
b. Compute the F statistic and test the significance of the relationship at a 0.05 level of significance. (to 2 decimals)
F-value
p-value is
Select your answer -
we
Select your answer -
v Ho
c. Compute the t statistic and test the significance of the relationship at a 0.05 level of significance. (to 2 decimals)
t Stat
p-value is
Select your answer -
, we
Select your answer
v Ho : B1
47
d. Predict the annual sales at the Memphis branch office. This branch employs 10 salespersons.
540 thousand (to whole number)
Transcribed Image Text: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 ntotal = 32. ANOVA df SS MS F Significance F Regression 6,680.6 Residual Total 8,707.4 Coefficients Standard Error t Stat P-value Intercept 70.0 11.098 Number of 47.0 5.124 Salespersons a. Write the estimated regression equation (to whole number). 70.0 + 47.0 x b. Compute the F statistic and test the significance of the relationship at a 0.05 level of significance. (to 2 decimals) F-value p-value is Select your answer - we Select your answer - v Ho c. Compute the t statistic and test the significance of the relationship at a 0.05 level of significance. (to 2 decimals) t Stat p-value is Select your answer - , we Select your answer v Ho : B1 47 d. Predict the annual sales at the Memphis branch office. This branch employs 10 salespersons. 540 thousand (to whole number)
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