Question

QUESTION 9 SCENARIO 14-1 A manager of a product sales group believes the number of sales made by an employee ( depends on how many years that employee has been with the company (X 1) and how he/she scored on a business aptitude test (X2). A random sample of 8 employees provides the following Employee Y 100 90 80 70 60 50 40 30 10 4 4 Referring to Scenario 14-1, for these data, what is the estimated coefficient for the variable representing years an employee has been with the company, b 1? 3.103 0.998 21.293 4.698

Answer 1

SCENARIO 14-1 SUMMARY OUTPUT ression Statistics Multiple R R Square Adjusted R Square Standard Error Observations 0.853 0.728 0.620 15.109 ANOVA F Significance F MS 3058.621 1529.310 6.699 0.038 Residual Total 1141.379 228.276 4200 Co Standard Error 13.141 P-value 1.620 0.166 1.9841.564 0.179 .133 2.202 0.079 t Stat Lower 95% Upper 95% Lower 95.0% Jpper 95.0% 55.073 8.203 10.182 cients 21.293 3.103 4.698 Intercept X 1 12.487 1.996 0.785 55.073 8.203 10.182 12.487 1.996 0.785 Answer: 3.103 SCENARIO 14-5 Answer: 0.0001