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 17:00, lizzynmk

Which set of reflections would carry trapezoid abcd onto itself? a) x-axis, y=x, y-axis, x-axis b) x-axis, y-axis, x-axis c) y=x, x-axis, x-axis d) y-axis, x-axis, y-axis, x-axis

Answers: 2

continue

Mathematics, 21.06.2019 18:30, Karinaccccc

Astick 2 m long is placed vertically at point b. the top of the stick is in line with the top of a tree as seen from point a, which is 3 m from the stick and 30 m from the tree. how tall is the tree?

Answers: 2

continue

Mathematics, 21.06.2019 19:30, kelseybell2707

If the ratio of sum of the first m and n terms of an ap is m2 : n2 , show that the ratio of its mth and nth terms is (2m − 1) : (2n − 1).

Answers: 1

continue

Mathematics, 21.06.2019 21:00, tmanpierce

Write the equation in logarithmic form m^x=n

Answers: 1

continue

You know the right answer?

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