Exercise 2. A corporation administers an aptitude test to all new sales representatives. Management is interested in the extent to which this test is able to predict sales representatives' eventual success. The accompanying table records average weekly sales (in thousands of dollars) and aptitude test scores for a random sample of eight representatives. Test score Weekly Sales 55 60 85 75 80 85 65 60 10 12 28 24 18 16 15 12 a. Estimate the linear regression of weekly sales on aptitude test scores. b. Interpret the estimated slope of the regression line.
Exercise 2. A corporation administers an aptitude test to all new sales representatives. Management is interested in the extent to which this test is able to predict sales representatives' eventual success. The accompanying table records average weekly sales (in thousands of dollars) and aptitude test scores for a random sample of eight representatives. Test score Weekly Sales 55 60 85 75 80 85 65 60 10 12 28 24 18 16 15 12 a. Estimate the linear regression of weekly sales on aptitude test scores. b. Interpret the estimated slope of the regression line.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Question
![Exercise 2. A corporation administers an aptitude test to all new sales representatives. Management is
interested in the extent to which this test is able to predict sales representatives' eventual success. The
accompanying table records average weekly sales (in thousands of dollars) and aptitude test scores for
a random sample of eight representatives.
Test score Weekly Sales
55
60
85
75
80
85
65
60
10
12
28
24
18
16
15
12
a. Estimate the linear regression of weekly sales on aptitude test scores.
b. Interpret the estimated slope of the regression line.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0270261a-4bbb-4913-a6b0-d5f7c60e38b2%2Fe11065e4-f148-49c9-9a7f-9872bf2f4c26%2Fx1pkpgp_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Exercise 2. A corporation administers an aptitude test to all new sales representatives. Management is
interested in the extent to which this test is able to predict sales representatives' eventual success. The
accompanying table records average weekly sales (in thousands of dollars) and aptitude test scores for
a random sample of eight representatives.
Test score Weekly Sales
55
60
85
75
80
85
65
60
10
12
28
24
18
16
15
12
a. Estimate the linear regression of weekly sales on aptitude test scores.
b. Interpret the estimated slope of the regression line.
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