Question 12
Dep. Annual Sales Indep. Salespersons
ANOVA
Significance
df
SS
MS
E
E
Regression
Residual
268.1489
Total
25.0000
Standard
Coefficients
Error
t Stat
P-value Lower 95% Upper 95%
Intercept
95.3031
13.9313
6.8410
Salespersons
33.6818
9.6829
3.4785
SE
CI
CI
Predicted
Predicted
Lower
Xo
Value
Value
95%
Upper
95%
PI
Lower
95%
PI
Upper
95%
1.0000
128.9850
5.0314
2.0000
162.6668
6.6383
Is there a relationship between the number of Salespersons (units=10 salespersons) at a branch office and Annual Sales
(units=$100,000)? Use the excel output above to answer the following question.
What is the 99% confidence interval for $\beta_1$ (with appropriate units)?
($65,987.2870/salesperson, $607,648.7130/salesperson)
($6.5987/salesperson, $60.7649/salesperson)
($6,598.7287, $60.764.8713)
($114,912.1742, $143,057.8258)
None of the answers is correct
5 pts