Question: A sales manager collected the following data {a} Eb) EC) on x = years of experience and y = annual sales (551.0005). The estimated regression

 A sales manager collected the following data {a} Eb) EC) on

x = years of experience and y = annual sales (551.0005). The

A sales manager collected the following data {a} Eb) EC) on x = years of experience and y = annual sales (551.0005). The estimated regression equation for these data is 1? = 80 + 4x. Salesperson Year-s of Annual Sales Experience ($1,00EIS) 1 1 ED 2 3 97 3 q 92 4 4 192 5 6 103 6 8 111 T 10 119 8 10 123 9 11 117 10 13 136 Compute SST, SSR, and SSE. Compute the coefcient of determination r1. (Round your answer to three decimal places.) .2.: Comment on the goodness of t. [For purposes of this exercise, consider a proportion large if it is at least 0.55.) "C." The least squares line provided a good fit as a small proportion of the variability in y has been explained by the least squares line. The least squares line provided a good fit as a large proportion of the variability in 1! has been explained by the least squares line. "C." The least squares line did not provide a good fit as a small proportion of the variability in y has been explained by the least squares line. "C." The least squares line did not provide a good fit as a large proportion of the variability in 3! has been explained by the least squares line. What is the value of the sample correlation coefficient? {Round your answer to three decirnal places.)- E

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