A sales manager for an advertising agency believes there is a relationship between the number of contacts that a salesperson makes and the amount of sales dollars earned. A regression ANOVA shows the following results.

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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64. A sales manager for an advertising agency believes there is a relationship between the number of contacts that a salesperson makes and the amount of sales dollars earned. A regression ANOVA shows the following results.

 

ANOVA          
  df SS MS F Significance F
Regression 1.00 13,555.42 13,555.42 156.38 0.00
Residual 8.00 693.48 86.74    
Total 9.00 14,248.90      


What is the value of the standard error of estimate?

 

Multiple Choice
  • 8.781

  • 8.331

  • 86.74

  • 9.313

     

    72. Recently, students in a marketing research class were interested in the driving behavior of students. Specifically, the marketing students were interested in finding out if exceeding the speed limit was related to gender. The study will use 0.05 as the significance level. They collected the following responses from 100 randomly selected students.

     

      Exceeds the Speed Limit Does Not Exceed the Speed Limit
    Male 55 15
    Female 10 20


    What is the value of the test statistic?

     

    Multiple Choice
    • 92.67

    • 18.891

    • 5.042

    • 65

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