2. A study on the factor that determine sales (y in millions of dollars) for a big grocery store chain. Thefactors considered are advertising expenditures (x) in thousands of dollars), and number ofsalespeople (x2). The following is part of the results:ANOVASourceRegressiondfSSMS22956.064Error15736.012a. What has been the sample size for this regression analysis?b. At a = 05, test to determine if the model is significant. That is, determine if there exists asignificant relationship between the independent variables and the dependent variable.c. Determine the multiple coefficient of determination R².d. Determine the adjusted multiple coefficient of determination (adjusted R?).

Answered: Image /qna-images/answer/4d8d3c67-15c6-4c19-8733-8ea77b06b947.jpg

Answered: 2. A study on the factor that determine…

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter4: Linear Functions

Section: Chapter Questions

Problem 30PT: For the following exercises, use Table 4 which shows the percent of unemployed persons 25 years or...

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Similar questions

Find the equation of the regression line for the following data set. x 1 2 3 y 0 3 4
For the following exercises, use Table 4 which shows the percent of unemployed persons 25 years or older who are college graduates in a particular city, by year. Based on the set of data given in Table 5, calculate the regression line using a calculator or other technology tool, and determine the correlation coefficient. Round to three decimal places of accuracy
Bill is the office manager for a group of financial advisors who provide financial services for individual clients. She would like to investigate whether a relationship exists between the number of presentations made to prospective clients in a month and the number of new clients per month. The following table shows the number of presentations and corresponding new clients for a random sample of six employees. Employee Presentations New Clients 1 2 1 2 8 2 3 9 4 4 10 3 5 11 5 6 12 6 Bill would like to use simple regression analysis to estimate the number of new clients per month based on the number of presentations made by the employee per month. The average number of new clients per month for an employee who made 20 presentations per month is ________. 5.02 5.45 3.43 8.69
Suppose that a sample of n = 12 pairs of X and Y scores has SSY = 90 and a Pearson correlation of r = +0.40. Does the regression equation predict a significant portion of the variance? Test with α = .05.(hint: SStotal = SSY; r2 = SSregression/SSTotal)
Sarah is the office manager for a group of financial advisors who provide financial services for individual clients. She would like to investigate whether a relationship exists between the number of presentations made to prospective clients in a month and the number of new clients per month. The following table shows the number of presentations and corresponding new clients for a random sample of six employees. Employee Presentations New Clients 1 7 2 2 9 3 3 9 4 4 10 3 5 11 5 6 12 3 Sarah would like to use simple regression analysis to estimate the number of new clients per month based on the number of presentations made by the employee per month. The expected number of new clients per month for an employee who made 10 presentations per month is ________. 2.3982 1.6753 3.0521 3.4348

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