A sales manager collected the following data on annual sales for new customer accounts and the number of years of experience for
a sample of 10 salespersons. Salesperson Years of Experience Annual Sales ($1000s) 1 1 80 2 3 97 3 4 92 4 4 102 5 6 103 6 8 111 7 10 119 8 10 123 9 11 117 10 13 136(a) Write an alternative hypothesis.(b). Develop an estimated regression equation that can be used to predict annual sales given the years of experience.(c) Use the estimated regression equation to predict annual sales tor a salesperson with 9 years of experience.
1 answer:
You might be interested in