A sales manager for an advertising agency believes there is a relationship between the number of contacts that a salesperson makes and the amount of sales dollars earned. A regression analysis shows the following results: CoefficientsStandard Errort-Statp-valueIntercept−12.2016.560−1.8600.100Number of contacts2.1950.17612.5050.000What is the slope of the linear equation? Multiple Choice −12.201 2.195 −1.860 12.505

Given that A regression analysis shows the following results Coefficients Standard Error…

Answered: What is the slope of the linear…

Math

Statistics

What is the slope of the linear equation? Multiple Choice −12.201 2.195 −1.860 12.505

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

ChapterP: Prerequisites

Section: Chapter Questions

Problem 115RE: Sales Barnes & Noble had annual sales of $6.8 billion in 2013 and $6.1 billion in 2015. Use the...

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Question

A sales manager for an advertising agency believes there is a relationship between the number of contacts that a salesperson makes and the amount of sales dollars earned. A regression analysis shows the following results:

	Coefficients	Standard Error	t-Stat	p-value
Intercept	−12.201	6.560	−1.860	0.100
Number of contacts	2.195	0.176	12.505	0.000

What is the slope of the linear equation?

Multiple Choice

−12.201
2.195
−1.860
12.505

Definition Definition Statistical method that estimates the relationship between a dependent variable and one or more independent variables. In regression analysis, dependent variables are called outcome variables and independent variables are called predictors.

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