Mathematics, 11.05.2021 22:00, herchellann302

A sales manager collected data on annual sales for new customer accounts and the number of years of experience for a sample of 10 salespersons. Below you will find a sample of data on years of experience of the salesperson and annual sales. Conduct a regression analysis to explore the relationship between these two variables and then answer the following questions. 1 1 85
2 3 97
3 3 95
4 5 97
5 7 105
6 8 106
7 10 122
8 10 120
9 12 113
10 12 134

a. According to this model, what is the change in annual sales ($1000s) for every year of experience
b. Compute the coefficient of determination (to 3 decimals).
c. What percentage of the variation in annual sales ($1000s) can be explained by the years of experience of the salesperson (to 1 decimal)?

Answers: 1

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 17:30, neverfnmind

James adds two numbers a + b. sally adds the same two numbers but reverse the order b + a what property of addition assures us that james and sally will get the same sum

Answers: 2

continue

Mathematics, 21.06.2019 19:00, niquermonroeee

Human body temperatures have a mean of 98.20° f and a standard deviation of 0.62°. sally's temperature can be described by z = 1.4. what is her temperature? round your answer to the nearest hundredth. 99.07°f 97.33°f 99.60°f 100.45°f

Answers: 1

continue

Mathematics, 21.06.2019 21:00, jinxjungkook

Two florida panthers were weighed. one weighs 6x+21 pounds and the two together weigh 14x+11 pounds how much does he other panther weigh alone

Answers: 1

continue

Mathematics, 21.06.2019 21:20, Hazard970

If two angles of a triangle have equal measures and the third angle measures 90°, what are the angle measures of the triangle? a. 60°, 60°, 60° b. 45°, 90°, 90° c. 30°, 30°, 90° d. 45°, 45°, 90°

Answers: 2

continue

Do you know the correct answer?

A sales manager collected data on annual sales for new customer accounts and the number of years of...