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Home Q & A Board Science-Related Homework Help Mathematics Statistics and Probability
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arlinguillen arlinguillen
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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.





Every additional $100 of base salary will _________.

▸ increase the average number of cars sold per month by 1.6448

▸ increase the average number of cars sold per month by 1.27

▸ increase the average number of cars sold per month by 0.3265

▸ increase the average number of cars sold per month by 1.6352
Textbook 
Business Statistics

Business Statistics


Edition: 2nd
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Nigel C.Nigel C.
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2 years ago
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arlinguillen Author
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2 years ago
This calls for a celebration Person Raising Both Hands in Celebration
lipop
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
lierac00
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2 hours ago
Thanks
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