Examlex

Solved

Use the Following for Questions
a Sales Manager Was =0.48+7.42= - 0.48 + 7.42

question 1

Essay

Use the following for questions
A sales manager was interested in determining if there is a relationship between college GPA and sales performance among salespeople hired within the last year. A sample of recently hired salespeople was selected and college GPA and the number of units sold last month recorded. Below are the scatterplot, regression results, and residual plots for these data. The regression equation is
Units Sold =0.48+7.42= - 0.48 + 7.42 GPA
 Predictor  Coef  SE Coef  T  P  Constant 0.4843.2560.150.884 GPA 7.4231.0447.110.000\begin{array} { l r r r r } \text { Predictor } & \text { Coef } & \text { SE Coef } & \text { T } & \text { P } \\ \text { Constant } & - 0.484 & 3.256 & - 0.15 & 0.884 \\ \text { GPA } & 7.423 & 1.044 & 7.11 & 0.000 \end{array}
S=1.57429RSq=78.3%RSq(adj)=76.8%\mathrm { S } = 1.57429 \quad \mathrm { R } - \mathrm { Sq } = 78.3 \% \mathrm { \circ } \quad \mathrm { R } - \mathrm { Sq } ( \mathrm { adj } ) = 76.8 \%
Analysis of Variance
 Source  DF  SS  MS  F  P  Regression 1125.30125.3050.560.000 Residual Error 1434.702.48 Total 15160.00\begin{array} { l r r r r r } \text { Source } & \text { DF } & \text { SS } & \text { MS } & \text { F } & \text { P } \\ \text { Regression } & 1 & 125.30 & 125.30 & 50.56 & 0.000 \\ \text { Residual Error } & 14 & 34.70 & 2.48 & & \\ \text { Total } & 15 & 160.00 & & & \end{array} Answer:  Use the following for questions  A sales manager was interested in determining if there is a relationship between college GPA and sales performance among salespeople hired within the last year. A sample of recently hired salespeople was selected and college GPA and the number of units sold last month recorded. Below are the scatterplot, regression results, and residual plots for these data. The regression equation is Units Sold  = - 0.48 + 7.42  GPA  \begin{array} { l r r r r } \text { Predictor } & \text { Coef } & \text { SE Coef } & \text { T } & \text { P } \\ \text { Constant } & - 0.484 & 3.256 & - 0.15 & 0.884 \\ \text { GPA } & 7.423 & 1.044 & 7.11 & 0.000 \end{array}   \mathrm { S } = 1.57429 \quad \mathrm { R } - \mathrm { Sq } = 78.3 \% \mathrm { \circ } \quad \mathrm { R } - \mathrm { Sq } ( \mathrm { adj } ) = 76.8 \%  Analysis of Variance  \begin{array} { l r r r r r } \text { Source } & \text { DF } & \text { SS } & \text { MS } & \text { F } & \text { P } \\ \text { Regression } & 1 & 125.30 & 125.30 & 50.56 & 0.000 \\ \text { Residual Error } & 14 & 34.70 & 2.48 & & \\ \text { Total } & 15 & 160.00 & & & \end{array}  Answer:   -What is the independent variable in this regression? Write the null and alternative hypothesis to test the slope of this variable.
-What is the independent variable in this regression? Write the null and alternative
hypothesis to test the slope of this variable.


Definitions:

Related Questions