A Prediction Equation for Sales and Payroll Was Performed Using

question 109

Multiple Choice

A prediction equation for sales and payroll was performed using simple linear regression.In the regression printout shown below, which of the following statements is not true? SUMMARY OUTPUT
ANOVA

• A)Payroll is a good predictor of Sales based on α = 0.05.
• B)There is evidence of a positive linear relationship between Sales and Payroll based on α = 0.05.
• C)Payroll is not a good predictor of Sales based on α = 0.01.
• D)The coefficient of determination is equal to 0.833333.

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Definitions:

Population

The total number of individuals or organisms of a specific species living in a particular area or region at a given time.

Schizophrenia

A chronic and severe mental disorder that affects how a person thinks, feels, and behaves, often involving delusions and hallucinations.

Diagnostic Label

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Schizophrenia

A major mental disturbance involving significant impairments in logical processing, perceptual experiences, emotional states, linguistic abilities, ego, and action.