subject
Mathematics, 13.12.2021 22:20 kearahbillups677

A manager of a product sales group believes the number of sales made by an employee (Y) depends on how many years that employee has been with the company (X1) and how he/she scored on a business aptitude test (X2). She decides to perform a multiple linear regression to test this belief and use the resulting information for predicting sales. A random sample of 8 employees provides the following data: Employee Y X1 X2

1 100 10 7

2 90 3 10

3 80 8 9

4 70 5 4

5 60 5 8

6 50 7 5

7 40 1 4

8 30 1 1

a. What is the adjusted r2 for this model?

b. What is the value for the three regression coefficients, b0, b1, and b2?

c. For each coefficient, determine whether it is significant at the 95% confidence level? Explain.

d. Using the regression model as estimated, if an employee who had been with the company 5 years scored a 9 on the aptitude test, what does the model predict for his or her expected sales?

e. Prepare a residuals plot against the two independent variables and comment on your interpretation of the results.

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 19:40
An alternative to car buying is to make monthly payments for a period of time, and then return the vehicle to the dealer, or purchase it. this is called
Answers: 3
question
Mathematics, 21.06.2019 22:00
Need showing work for this problem 56.25 Γ—25.80
Answers: 1
question
Mathematics, 21.06.2019 22:00
Let event a = you roll an even number on the first cube.let event b = you roll a 6 on the second cube.are the events independent or dependent? why?
Answers: 1
question
Mathematics, 21.06.2019 23:20
Which equation can be solved to find x the measure of jk in the apex
Answers: 3
You know the right answer?
A manager of a product sales group believes the number of sales made by an employee (Y) depends on h...
Questions
question
Social Studies, 27.09.2019 00:00
question
Health, 27.09.2019 00:00
question
Mathematics, 27.09.2019 00:00
Questions on the website: 13722363