Top Posters
Since Sunday
6
s
3
3
d
3
s
2
c
2
G
2
y
2
t
2
2
k
2
j
2
Home Q & A Board Science-Related Homework Help Mathematics Statistics and Probability
New Topic  
Pathodummy Pathodummy
wrote...
Go to Answer
Posts: 106
Rep: 0 0
2 years ago
Use the following information to answer the question(s) below.

Ford would like to develop a regression model that would predict the number of cars sold per month by a dealership employee based on the employee's number of years of sales experience (Exp), the employee's weekly base salary before commissions (Salary), and the education level of the employee. There are three levels of education in the sales force-high school degree, associate's degree, and bachelor's degree. The following dummy variables have been defined.



The following Excel output shows the partially completed regression output from a random sample of employees from the previous month.





The predicted number of cars sold in a month for an employee with seven years of sales experience, a base salary of $400, and a bachelor's degree is ________.

▸ 11.4

▸ 12.1

▸ 12.7

▸ 13.3
Textbook 
Business Statistics

Business Statistics


Edition: 2nd
Author:
Read 61 times
1 Reply
Replies
Answer verified by a subject expert
bbbbbbbhbbbbbbbh
wrote...
#1
Posts: 99
Rep: 1 0
2 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Pathodummy Author
wrote...

2 years ago
Thanks for your help!!
Liarec
wrote...

Yesterday
This helped my grade so much Perfect
joyceess
wrote...

2 hours ago
Just got PERFECT on my quiz
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1097 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 87
  
 346
  
 209
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 300
Previous poll results: Who will win the 2024 president election?