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 regression output. Where ntotal = 40. ANOVA...


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<br>regression output. Where ntotal =<br>40.<br>ANOVA<br>df<br>SS<br>MS<br>F<br>Significance F<br>Regression<br>6,759.5<br>Residual<br>Total<br>9,031.4<br>Coefficients<br>Standard Error<br>t Stat<br>P-value<br>Intercept<br>75.0<br>10.408<br>Number of<br>40.0<br>5.323<br>Salespersons<br>a. Write the estimated regression equation (to whole number).<br>ŷ =<br>+<br>b. Compute the F statistic and test the significance of the relationship at a 0.05 level of significance. (to 2 decimals)<br>F-value<br>p-value is<br>- Select your answer -<br>we<br>- Select your answer -<br>v Ho<br>c. Compute the t statistic and test the significance of the relationship at a 0.05 level of significance. (to 2 decimals)<br>t Stat<br>p-value is<br>- Select your answer -<br>we<br>- Select your answer - v Ho: B,<br>d. Predict the annual sales at the Memphis branch office. This branch employs 10 salespersons.<br>$<br>thousand (to whole number)<br>%24<br>

Extracted text: 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 regression output. Where ntotal = 40. ANOVA df SS MS F Significance F Regression 6,759.5 Residual Total 9,031.4 Coefficients Standard Error t Stat P-value Intercept 75.0 10.408 Number of 40.0 5.323 Salespersons a. Write the estimated regression equation (to whole number). ŷ = + b. Compute the F statistic and test the significance of the relationship at a 0.05 level of significance. (to 2 decimals) F-value p-value is - Select your answer - we - Select your answer - v Ho c. Compute the t statistic and test the significance of the relationship at a 0.05 level of significance. (to 2 decimals) t Stat p-value is - Select your answer - we - Select your answer - v Ho: B, d. Predict the annual sales at the Memphis branch office. This branch employs 10 salespersons. $ thousand (to whole number) %24

Jun 10, 2022
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