A regression model relating z, number of salespersons at a branch office, to y, annual sales at the office (in thousands of dollars) provided the following regression output. Where mrotal = 34. ANOVA df SS MS Significance F Regression 7,006.0 Residual Total 9,700.4 Coefficients Standard Error t Stat p-value Intercept 84.0 11.704 Number of 48.0 5.736 Salespersons a. Write the estimated regression equation (to whole number). 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 -Select your answer - v Ho we 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: B, = d. Predict the annual sales at the Memphis branch office. This branch employs 11 salespersons. thousand (to whole number)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
A regression model relating c, 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 = 34.
ANOVA
df
SS
MS
F
Significance F
Regression
7,006.0
Residual
Total
9,700.4
Coefficients
Standard Error
t Stat
P-value
Intercept
84.0
11.704
Number of
48.0
5.736
Salespersons
a. Write the estimated regression equation (to whole number).
y =
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 thet 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 : B,
d. Predict the annual sales at the Memphis branch office. This branch employs 11 salespersons.
$
thousand (to whole number)
Transcribed Image Text:A regression model relating c, 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 = 34. ANOVA df SS MS F Significance F Regression 7,006.0 Residual Total 9,700.4 Coefficients Standard Error t Stat P-value Intercept 84.0 11.704 Number of 48.0 5.736 Salespersons a. Write the estimated regression equation (to whole number). y = 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 thet 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 : B, d. Predict the annual sales at the Memphis branch office. This branch employs 11 salespersons. $ thousand (to whole number)
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman