Title: Statistics II regression equation Post by: jgosset2 on Jun 20, 2017 Cincinnati Paint Company sells quality brands of paints through hardware stores throughout the United States. The company maintains a large sales force whose job it is to call on existing customers as well as 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 Calls Driven ($000) 22 139 2,371 13 132 2,226 33 144 2,731 38 142 3,351 23 142 2,289 47 142 3,449 29 138 3,114 38 139 3,342 41 144 2,842 32 134 2,625 20 135 2,121 13 137 2,219 47 146 3,463 38 146 3,290 44 144 3,103 29 147 2,122 38 144 2,791 37 149 3,209 14 131 2,287 34 144 2,848 25 132 2,690 27 132 2,933 25 127 2,671 43 154 2,988 34 147 2,829 Develop a regression equation including an interaction term. (Round your answers to 3 decimal places. Negative amounts should be indicated by a minus sign.) Commissions = _____+ _____ Calls + ____ Miles + _____ X1X2 Complete the following table. (Round your answers to 3 decimal places. Negative amounts should be indicated by a minus sign.) Predictor Coef SE Coef T P Constant ____ ___ ____ ___ ____ Calls ____ ___ ____ ___ ____ Miles ____ ___ ____ ___ ____ X1X2 ____ ___ ____ ___ ____ Compute the value of the test statistic corresponding to the interaction term. (Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.) Value of the test statistic:____? Title: Re: Statistics II regression equation Post by: bio_man on Jun 21, 2017 Hi again
Another answer for you... Title: Re: Statistics II regression equation Post by: jgosset2 on Jun 21, 2017 What is the Constant Coefficient rounded to 3 places instead of the 1 place? And what is the constant SE Coefficient rounded to 3 places instead of the 1 place?
Title: Re: Statistics II regression equation Post by: bio_man on Jun 21, 2017 What is the Constant Coefficient rounded to 3 places instead of the 1 place? And what is the constant SE Coefficient rounded to 3 places instead of the 1 place? Which part of the question is that from? Also, you may have noticed some of your posts disappeared. We backed up a faulty database, apologies. Title: Re: Statistics II regression equation Post by: jgosset2 on Jun 21, 2017 This part. (:
Complete the following table. (Round your answers to 3 decimal places. Negative amounts should be indicated by a minus sign.) Predictor Coef SE Constant ____ ___ Title: Re: Statistics II regression equation Post by: bio_man on Jun 21, 2017 I"m not completely sure, but here's a resource that might help you
Title: Re: Statistics II regression equation Post by: jujubug1595 on Dec 4, 2018 Thank you!
Title: Re: Statistics II regression equation Post by: bio_man on Dec 5, 2018 :)
Title: Re: Statistics II regression equation Post by: Jbeshears on Sep 30, 2019 Thank you!
Title: Re: Statistics II regression equation Post by: Jaime Vedia on Dec 4, 2019 This is so great!
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