Cincinnati Paint Company sells quality brands of paints through hardware stores throughout the United States. The company maintains a large sales force who call on existing customers and look for new business. The national sales manager Is Investigating the relationship between the number of sales calls made and the miles driven by the sales representative. Also, do the sales representatives who drive the most miles and make the most calls necessarily earn the most in sales commissions? To Investigate, the vice president of sales selected a sample of 25 sales representatives and determined: • The amount earned in commissions last month () • The number of miles driven last month (X) • The number of sales calls made last month (x)
Cincinnati Paint Company sells quality brands of paints through hardware stores throughout the United States. The company maintains a large sales force who call on existing customers and look for new business. The national sales manager Is Investigating the relationship between the number of sales calls made and the miles driven by the sales representative. Also, do the sales representatives who drive the most miles and make the most calls necessarily earn the most in sales commissions? To Investigate, the vice president of sales selected a sample of 25 sales representatives and determined: • The amount earned in commissions last month () • The number of miles driven last month (X) • The number of sales calls made last month (x)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
ch 13. 5:
Transcribed Image Text:Cincinnati Paint Company sells quality brands of paints through hardware stores throughout the United States. The company malntalns
a large sales force who call on existing customers and look for new business. The national sales manager Is Investigating the
relationship between the number of sales calls made and the mles driven by the sales representative. Also, do the sales
representatives who drive the most miles and make the most calls necessarily earn the most in sales commissions? To Investigate, the
vice president of sales selected a sample of 25 sales representatives and determined:
• The amount earned in commissions last month ()
The number of miles driven last month (x)
• The number of sales calls made last month (x)
The Information Is reported below.
Commissions
Connissions
(S000)
(seee)
22
Calls
Driven
Calls
Driven
64
2,371
2,226
2,731
3,353
2, 292
3,451
3,115
3,344
2,843
2,627
2,122
2,221
3,464
38
167
3,290
3,103
2,124
792,ב
3,210
2,287
2,85e
2,692
2,934
2,671
2,990
13
51
44
168
33
129
29
108
38
141
38
164
23
78
37
177
48
224
14
25
29
95
34
16e
39
169
25
81
42
188
28
83
33
126
25
85
21
53
44
194
14
56
35
137
2,832
48
176
%media:lexcel.ext% Click here for the Excel Data File
Develop a regression equation Including an interaction term. (Negative amount should be Indicated by a minus sign. Round your
answers to 3 decimal places.)
Commissions =
Calls +
Miles +
Complete the following table. (Negative amounts should be indicated by a minus sign. Round your answers to 3 decimal places.)
SE Coefficient
Predictor
Coefficient
p-value
Constant
Calls
Miles
Compute the value of the test statistic corresponding to the interaction term. (Negative amount should be indicated by a minus sign.
Round your answer to 2 decimal places.)
Value of the test statistic
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