Question

A firm administers a test to sales trainees before they go in to the field. The
management is willing to determine the relation between the test score and
sales made in one year. Based on the following data establish a linear relation to
estimate expected sales. What is the R??
Test Score
2.6
3.7
24
4.5
2.6
5.0
2.8
3.0
4.0
3.4
Sales (Rs'000)
95
140
85
180
100
195
115
136
175
150​

Answer 1

Answer:

company sets different prices ...

Using Microsoft Excel, the following output is obtained: ... Plot these data, and estimate the linear regression of sales on price. ... About 11.58% of the variability in final test scores is explained by variation in