Top Posters
Since Sunday
18
11
Z
9
7
s
6
m
6
M
6
a
6
K
6
l
5
k
5
5

# Use the following information to answer the question(s) below. Ford would like to develop a ...

wrote...
Posts: 99
Rep: 0 0
2 weeks 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

Edition: 2nd
Author:
Replies
Answer verified by a subject expert
bbbbbbbhbbbbbbbh
wrote...
Posts: 93
Rep: 1 0
2 weeks ago

### Related Topics

wrote...
Posts: 99
Credits: 40

2 weeks ago
 Helped a lot
wrote...
Posts: 140
Credits: 125

Yesterday
 This site is awesome
wrote...
Posts: 72
Credits: 40

2 hours ago
 Just got PERFECT on my quiz