A Prediction Equation for Sales and Payroll Was Performed Using

question 51

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/are not true?

• 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.
• E)Payroll is the independent variable.

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