Question: A sales manager collected the following data on y = annual sales and a = years of experience. The estimated regression equation for these data
A sales manager collected the following data on y = annual sales and a = years of experience. The estimated regression equation for these data is } = 80 + 4x. Click on the datafile logo to reference the data. DATA file Years of Annual Sales Salesperson Experience ($1000s) 1 80 W NJ 97 92 102 103 111 10 119 10 123 11 117 10 13 136 a. Compute SST, SSR, and SSE. SSE SST SSR b. Compute the coefficient of determination . Comment on the goodness of fit. - Select your answer - x c. What is the value of the sample correlation coefficient (to 2 decimals)Step by Step Solution
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