STATISTICS F/BUSINESS+ECONOMICS-TEXT
STATISTICS F/BUSINESS+ECONOMICS-TEXT
13th Edition
ISBN: 9781305881884
Author: Anderson
Publisher: CENGAGE L
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Chapter 14.7, Problem 42E

A regression model relating x, number of salespersons at a branch office, to y, annual sales at the office (in thousands of dollars) provided the following computer output from a regression analysis of the data.

Analysis of Variance

Chapter 14.7, Problem 42E, A regression model relating x, number of salespersons at a branch office, to y, annual sales at the

Regression Equation Y = 80.0 + 50.00 X
  1. a. Write the estimated regression equation.
  2. b. How many branch offices were involved in the study?
  3. c. Compute the F statistic and test the significance of the relationship at a .05 level of significance.
  4. d. Predict the annual sales at the Memphis branch office. This branch employs 12 salespersons.
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Chapter 14 Solutions

STATISTICS F/BUSINESS+ECONOMICS-TEXT

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