The managers of a brokerage firm are interested in finding out the effects of number of new clients that a broker brings into the firm on the sales generated by them. They sample 10 brokers and identify the number of new clients they have enrolled in the last year and their sales amounts in thousands of dollars. These data are presented in the table that follows:
Broker Clients(X) Sales(Y) Calculation shows that
1. 27 52 n=10 2. 11 37 X = 260 3. 40 64 Y= 480 4. 33 55 X2= 7594 5 15 29 Y2= 24276 6. 15 34 XY =13377 7. 25 58 SSX =(X-Xbar)2 =834 8. 36 59 SST=(Y-ybar)2 = 1236 9. 28 44 SSE = (Y –Yhat)2=271.241
10. 30 48 (i) Assuming a linear relationship, what is the prediction for the amount for sales (in $1,000s) for a person who brings 25 new clients into the firm? (ii) Calculate the standard error of estimate and interpret the result. (iii) Test at 5% level of significance that the number of new clients that the broker have enrolled in the last year is significant predictor of their sales amount.

Answers

Answer 1
1,5728 joke who’ve 23

Related Questions

The difference of the product of 7 and w, and the quotient of 2 and v.

Answers

Answer:

(7 x w) - (2 ÷ v)

Explanation:

Using the keywords:

Product of

Quotient of

Difference of

We can identify the expression.

The y -intercepts, P and Q, of two perpendicular lines

intersecting at the point A(6, 8) have a sum of zero. What is the

area of △APQ?
A) 45 B) 48 C) 54 D) 60 E) 72

Answers

Answer:

A) 45

Explanation:

1/2×b×h

1/2×6×8

1×6×4

=24+21=45

Answer:

D (60)

Explanation:

i go to rsm too lol

alice and her siblings are orphans as the head of the family she has raising her younger sister she has small part time jobs she sells vegetables and clean houses alice is worried because she does not earn money to pay for rent and for school fees for her younger sister help alice to solve her problem?

Answers

Answer:

Alice must search for a job with higher payment. A multiple job will also do but she must make sure that it's a legal job and she can do it or it fits her schedule. It's hard and she might get sick so do jobs unintentionally to avoid sickness and do her job and collect money for her and for her siblings

Explanation:

which country is this​

Answers

Answer:

Hlo army HRU...?

purple U 4ever

What is the FAFSA4caster?A.A way to learn if you will be admitted to a certain collegeB.Four tools that will help you select a majorC.A free online early federal aid estimation toolD.A way to determine which college is best for you

Answers

Answer:

C.

FAFSA4caster will help you understand your options for paying for college.

Other Questions
A distance of 400 km is represented in the map by 3 cm. What is the distance between two towns if they are 7.5 cm apart in the map? (3^2+42)(2^234) can you guys please solve this for me please. A scientist who studies teenage behavior was interested in determining if teenagers spend more time playing computer games then they did in the 1990s. In 1990s, the average amount of time spent playing computer games was 10.2 hours per week. Is the amount of time greater than that for this year I will mark as brainliestplease help!!!!!what was the difference between aurangzeb and Akbar in terms of religious policy??? Synapse is not working and is crashing every time you attach it. What should you do?1. Contact a staff2. Wait for it to be fixed3. delete it4. Spam dm everyone Change the sentences according to directions. (a). The whale is the largest of all creatures in the wow. (Comparative)(b) Its tongue is heavier than that of an elephant. (Positive)(c) Some of its arteries are big enough for a child to swim through. (Complex)(d) In spite of their huge size, whales can move at a good speed. (Compound In the following reaction, C5H12(1) + 8 O2 (g) - 6 H2O (g) + 5 CO2 (g), how manymoles of water (H20) are produced by 14.2 moles of O2? How do wales differ from fish Rock that erodes to expose layering is _____ O A. igneous O B. granitic O C. sedimentary O D. metamorphic What is the difference between autofocus and autocomplete what is the degree of polynomialf (x) = 2x - 5x+6 ? between which two consecutive numbers does the square root below lie ? [tex] - \sqrt{128} [/tex] What is the " evaluation adjective "? How do Douglasss reasons for fighting back change during the battle? HELP ON PAGE 25 POINTS What was a consequence of the Leo Frank case in the state of Georgia?A. The Boll Weevil began to destroy southen cotton crops B. The International Cotton Exposition was held in Atlanta C. Racism in the form of antisemitism emerged in Georgia D. The disenfranchisement of African American voters Write the equation of the line in fully simplified slope-intercept form. An effective research strategy should produce information from ____________. a. mostly personal experience and direct observation b. a single source that provides many types of supporting material c. many sources that provide a single type of supporting material d. many sources that provide many types of supporting material Use the Law of Sines to solve for the variable. Round your answer to thenearest whole number. Write the value only. * how can you prove that acceleration is a derived unit