Solution) A retail store uses a screening test to discover sales potential in job applicants. After one year o


Question: A retail store uses a screening test to discover sales potential in job applicants. After one year on the job, the gross sales of 20 sales personnel are tabulated along with their test scores as shown (in part) below.

a. [5 points] Create a regression model of predicted sales vs. test score. Hint: consider the quadratic term, (test score)^2 in your model.

b. [5 points] What is the value of R2?

c. [5 points] Are there any standardized residuals >½2½?

d. [5 points] What is the predicted gross sales volume for a test score = 95?

Price: $2.99
Answer: The solution consists of 3 pages
Solution Format: Word Document

log in to your account

Don't have a membership account?
REGISTER

reset password

Back to
log in

sign up

Back to
log in