A sales manager for an advertising agency believes there is a relationship between the number of contacts that a salesperson makes and the amount of sales dollars earned. A regression ANOVA shows the following results: ANOVA df SS MS F Significance F Regression 1.00 13,555.42 13,555.42 156.38 0.00 Residual 8.00 693.48 86.88 Total 9.00 14,248.90 What is the value of the standard error of estimate?
A sales manager for an advertising agency believes there is a relationship between the number of contacts that a salesperson makes and the amount of sales dollars earned. A regression ANOVA shows the following results: ANOVA df SS MS F Significance F Regression 1.00 13,555.42 13,555.42 156.38 0.00 Residual 8.00 693.48 86.88 Total 9.00 14,248.90 What is the value of the standard error of estimate?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 23PFA
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Question
A sales manager for an advertising agency believes there is a relationship between the number of contacts that a salesperson makes and the amount of sales dollars earned. A regression ANOVA shows the following results:
ANOVA
df | SS | MS | F | Significance F | |
---|---|---|---|---|---|
Regression | 1.00 | 13,555.42 | 13,555.42 | 156.38 | 0.00 |
Residual | 8.00 | 693.48 | 86.88 | ||
Total | 9.00 | 14,248.90 |
What is the value of the standard error of estimate?
Multiple Choice
-
9.321
-
8.789
-
8.339
-
86.88
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