Coefficients 108.1810 26.0476 tStat 8.9581 Error P-value Lower 95% Upper 95% 12.0763 Intercept Salespersons 8.0765 3.2251 SE CI CI PI PI Upper 95% Upper 95% Predicted Predicted Lower Lower Value Value 95% 95% 1.0000 2.0000 134.2286 160.2762 4.6800 5.3315 Is there a relationship between the number of Salespersons (units-10 salespersons) at a branch office and Annual Sales (units-$100,000)? Use the excel output above to answer the following question. What is the P-value of the Fstat for the hypothesis that tests Ho: B1 = 0? O a.0< P-value <.0005 O b. 002 < P-value <:005 O C. 0
Coefficients 108.1810 26.0476 tStat 8.9581 Error P-value Lower 95% Upper 95% 12.0763 Intercept Salespersons 8.0765 3.2251 SE CI CI PI PI Upper 95% Upper 95% Predicted Predicted Lower Lower Value Value 95% 95% 1.0000 2.0000 134.2286 160.2762 4.6800 5.3315 Is there a relationship between the number of Salespersons (units-10 salespersons) at a branch office and Annual Sales (units-$100,000)? Use the excel output above to answer the following question. What is the P-value of the Fstat for the hypothesis that tests Ho: B1 = 0? O a.0< P-value <.0005 O b. 002 < P-value <:005 O C. 0
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

Transcribed Image Text:* Question Completion Status:
Dep.-ATuar Sales
nuep.-palespersons
SUMMARY OUTPUT
Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations
26.0000
ANOVA
Significance
df
SS
MS
E
Regression
Residual
Total
226.0190||
Standard
t Stat
P-value
Lower 95%
Upper 95%
Coefficients 6K Error
12.0763
8.0765
108.1810
8.9581
Intercept
Salespersons
26.0476
3.2251
SE
CI
CI
PI
PI
Upper
95%
Predicted
Predicted
Lower
Upper
Lower
Value
Value
95%
95%
95%
1.0000
2.0000
134.2286
160.2762
4.6800
5.3315
Save Al
Click Save and Submit to save and submit. Click Save All Answers to save all answers.
MacBook Pro

Transcribed Image Text:Standard
Coefficients
108.1810
26.0476
P-value
t Stat
8.9581
3.2251
Upper 95%
Error
12.0763
8.0765
Lower 95%
Intercept
Salespersons
SE
CI
CI
PI
PI
Predicted
Upper
Lower
Upper
95%
Predicted
Lower
Value
4.6800
5.3315
Value
95%
95%
95%
134.2286
160.2762
1.0000
2.0000
Is there a relationship between the number of Salespersons (units=10 salespersons) at a branch office and Annual Sales (units=$100,000)? Use the excel output
above to answer the following question.
What is the P-value of the Fstat for the hypothesis that tests Ho: B1 = 0?
O a. 0< P-value <.0005
O b. 002 < P-value < :005
O c.0< P-value <.001
O d. 001 < P-value < .0025
e. None of the answers is correct
QUESTION 11
Save
Click Save and Submit to save and submit. Click Save All Answers to save all answers.
MacBook Pro
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Recommended textbooks for you

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

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
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

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
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON

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
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman