ch 13. 5:Cincinnati Paint Company sells quality brands of paints through hardware stores throughout the United States. The company maintains a large sales force who call on existing customers and look for new business. The national sales manager is investigating the relationship between the number of sales calls made and the miles driven by the sales representative. Also, do the sales representatives who drive the most miles and make the most calls necessarily earn the most in sales commissions? To investigate, the vice president of sales selected a sample of 25 sales representatives and determined: The amount earned in commissions last month (y)The number of miles driven last month (x1)The number of sales calls made last month (x2) The information is reported below. Commissions ($000)CallsDrivenCommissions ($000)CallsDriven291392,371271463,290261322,226251443,103281442,731291472,122261423,351251442,791291422,289251493,209281423,449261312,287281383,114271442,848271393,342291322,690271442,842261322,933261342,625291272,671271352,121271542,988271372,219281472,829271463,463 Develop a regression equation including an interaction term. (Negative amount should be indicated by a minus sign. Round youranswers to 3 decimal places.)Commissions =Calls +Miles +Complete the following table. (Negative amounts should be indicated by a minus sign. Round your answers to 3 decimal places.)PredictorCoefficientSE Coefficientp-valueConstantCallsMilesCompute the value of the test statistic corresponding to the interaction term. (Negative amount should be indicated by a minus sign.Round your answer to 2 decimal places.)Value of the test statistic

Given information: The data represents the values of the dependent variable y = Amount earned in…

Answered: Cincinnati Paint Company sells quality…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section: Chapter Questions

Problem 4SGR

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ch 13. 5:

Cincinnati Paint Company sells quality brands of paints through hardware stores throughout the United States. The company maintains a large sales force who call on existing customers and look for new business. The national sales manager is investigating the relationship between the number of sales calls made and the miles driven by the sales representative. Also, do the sales representatives who drive the most miles and make the most calls necessarily earn the most in sales commissions? To investigate, the vice president of sales selected a sample of 25 sales representatives and determined:

The amount earned in commissions last month (y)
The number of miles driven last month (x₁)
The number of sales calls made last month (x₂)

The information is reported below.

Commissions ($000)	Calls	Driven	Commissions ($000)	Calls	Driven
29	139	2,371	27	146	3,290
26	132	2,226	25	144	3,103
28	144	2,731	29	147	2,122
26	142	3,351	25	144	2,791
29	142	2,289	25	149	3,209
28	142	3,449	26	131	2,287
28	138	3,114	27	144	2,848
27	139	3,342	29	132	2,690
27	144	2,842	26	132	2,933
26	134	2,625	29	127	2,671
27	135	2,121	27	154	2,988
27	137	2,219	28	147	2,829
27	146	3,463