0195113 20671 22 std Emor Estimale ntercept 70088 1530 20 16 Salestorce10 00 176

Question

0195113 20671 22 std Emor Estimale ntercept 70088 1530 20 16 Salestorce10 00 1767 025 Residual standard error 3 259 on 198 degrees of freedom Multple R-squared 06119 Absted R-squared 06099 F-statistic 312 1 on 1 and 198 DF, p-value 2 20-16 in the next two weeks we want to change the Salesforce kevel to 15 and 25 respectively Predict the corresponding revenues based on this regression output A 95 and 100 B 8 5 and 95 OC 75 and 95 D 8 and 9 O E Cannot tell from the information given Click Save and Submit to save and submit.Click Save All Ansuers to save all ansvers

Explanation / Answer

Sol:

regression output is

revenues=7+0.10*salesforce

For salesforce=15 substitue in reg eq we get

revenues=7+0.10*15

revenues=8.5

For sales force=25 ,substitue in reg eq we get

revenues=7+0.10*25

revenues=9.5

OPTION 8.5 AND 9.5

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