A regression model relating a, number of salespersons at a branch office, to y, annual sales at the office (in thousands of dollars) provided the following regression output. Where Motal = 32. ANOVA df SS MS F Significance F Regression 6,665.7 Residual Total 8,845.1 Coefficients Standard Error t Stat P-value Intercept 83.0 10.915 Number of 42.0 5.864 Salespersons a. Write the estimated regression equation (to whole number). 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 11 salespersons. thousand (to whole number)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
A regression model relating a, 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 = 32,
ANOVA
df
MS
F
Significance F
Regression
6,665.7
Residual
Total
8,845.1
Coefficients
Standard Error
t Stat
P-value
Intercept
83.0
10.915
Number of
42.0
5.864
Salespersons
a. Write the estimated regression equation (to whole number).
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
c. Compute the t statistic and test the significance of the relationship at a 0.05 level of significance. (to 2 decimals)
Select your answer
, we
Select your answer - v Họ
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 11 salespersons.
$
thousand (to whole number)
Transcribed Image Text:A regression model relating a, 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 = 32, ANOVA df MS F Significance F Regression 6,665.7 Residual Total 8,845.1 Coefficients Standard Error t Stat P-value Intercept 83.0 10.915 Number of 42.0 5.864 Salespersons a. Write the estimated regression equation (to whole number). 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 c. Compute the t statistic and test the significance of the relationship at a 0.05 level of significance. (to 2 decimals) Select your answer , we Select your answer - v Họ 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 11 salespersons. $ thousand (to whole number)
a. Write the estimated regression equation (to whole number).
a. Write the estimated regression equation (to whole number).
ŷ =
ŷ =
b. Compute the F statistic and test the significance of the relationship at a 0.05 b. Compute the F statistic and test the significance of the relationship at a 0.0
F-value
F-value
p-value is- Select your answer-
p-value is - select your answer -
J, we - Select your answer-
|Ho
, we - Select your answer -
significance of the relationship at a 0.05 le c. Compute the t statistic and test the sign reject
|Ho
- Select your answer
- Select your answer
c. Comput less than 0.01
pat a 0.05
do not reject
between 0.01 and 0.025
between 0.025 and 0.05
between 0.05 and 0.10
t Stat
t Stat
p-value is 9reater than 0.1O
we - Select your answer - v Ho: B1 = p-value is - Select your answer-
Select your answer - v Ho: B,
d. Predict the annual sales at the Memphis branch office. This branch employs 11 d. Predict the annual sales at the Memphis branch office. This branch employs
thousand (to whole number)
thousand (to whole number)
a. Write the estimated regression equation (to whole number).
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 b. Compute the F statistic and test the significance of the relationship at a 0.05 lev
F-value
F-value
p-value is- Select your answer
-
we - Select your answer-
| Ho
v, we - Select your answer-
| Ho
p-value is - Select your answer-
c. Compute thet statistic and test the significance of the relationship at a 0.05 level ofs c. Compute the t statistic and test the significance of the relationship at a 0.05 leve
t Stat
t Stat
p-value is- Select your answer
- Select your answer-
we - Select your answer - v Họ: B, =
p-value is - Select your answer-
v Ho : B1 =
we-Select your answer-
- Select your answer
d. Predict less than 0.01
nphis branch office. This branch employs 1l salesp d. Predict the annual sales at the Memphis reject
employs 11 sa
between 0.01 and 0.025
between 0.025 and 0.05
between 0.05 and 0.10
do not reject
ber)
thousand (to whole number)
greater than 0.10
Transcribed Image Text:a. Write the estimated regression equation (to whole number). a. Write the estimated regression equation (to whole number). ŷ = ŷ = b. Compute the F statistic and test the significance of the relationship at a 0.05 b. Compute the F statistic and test the significance of the relationship at a 0.0 F-value F-value p-value is- Select your answer- p-value is - select your answer - J, we - Select your answer- |Ho , we - Select your answer - significance of the relationship at a 0.05 le c. Compute the t statistic and test the sign reject |Ho - Select your answer - Select your answer c. Comput less than 0.01 pat a 0.05 do not reject between 0.01 and 0.025 between 0.025 and 0.05 between 0.05 and 0.10 t Stat t Stat p-value is 9reater than 0.1O we - Select your answer - v Ho: B1 = p-value is - Select your answer- Select your answer - v Ho: B, d. Predict the annual sales at the Memphis branch office. This branch employs 11 d. Predict the annual sales at the Memphis branch office. This branch employs thousand (to whole number) thousand (to whole number) a. Write the estimated regression equation (to whole number). 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 b. Compute the F statistic and test the significance of the relationship at a 0.05 lev F-value F-value p-value is- Select your answer - we - Select your answer- | Ho v, we - Select your answer- | Ho p-value is - Select your answer- c. Compute thet statistic and test the significance of the relationship at a 0.05 level ofs c. Compute the t statistic and test the significance of the relationship at a 0.05 leve t Stat t Stat p-value is- Select your answer - Select your answer- we - Select your answer - v Họ: B, = p-value is - Select your answer- v Ho : B1 = we-Select your answer- - Select your answer d. Predict less than 0.01 nphis branch office. This branch employs 1l salesp d. Predict the annual sales at the Memphis reject employs 11 sa between 0.01 and 0.025 between 0.025 and 0.05 between 0.05 and 0.10 do not reject ber) thousand (to whole number) greater than 0.10
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
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 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…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
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
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman