Below is a table for a bivariate regression of annual commission on number of items sold....
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Below is a table for a bivariate regression of annual commission on number of items sold. Regression Coefficients* Model (Constant) Number of ITEMS SOLD Unstandardized Coefficients B Std. Error -7530 276.63 551.89 1376.10 Standardized Coefficients t Sig. Beta 84.30 .000 .642 -2.36 .018 b. Dependent Variable: annual commission/bonus in dollars (BONUS) 1. What is the dependent variable? What is the independent variable? 2. Write out the regression equation. 3. (a) What number in the table represents the y-intercept? (b) Interpret the y-intercept. 4. (a) What number in the table represents the regression coefficient? (b) Interpret the regression coefficient. 5. From this study sample, what is the expected commission for selling 45 items? 6. How many items should someone sell to earn an expected commission of $10,000? BE SURE TO SHOW YOUR WORK Below is a table for a bivariate regression of annual commission on number of items sold. Regression Coefficients* Model (Constant) Number of ITEMS SOLD Unstandardized Coefficients B Std. Error -7530 276.63 551.89 1376.10 Standardized Coefficients t Sig. Beta 84.30 .000 .642 -2.36 .018 b. Dependent Variable: annual commission/bonus in dollars (BONUS) 1. What is the dependent variable? What is the independent variable? 2. Write out the regression equation. 3. (a) What number in the table represents the y-intercept? (b) Interpret the y-intercept. 4. (a) What number in the table represents the regression coefficient? (b) Interpret the regression coefficient. 5. From this study sample, what is the expected commission for selling 45 items? 6. How many items should someone sell to earn an expected commission of $10,000? BE SURE TO SHOW YOUR WORK
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