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A Prediction Equation for Sales and Payroll Was Performed Using

Question 109

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A prediction equation for sales and payroll was performed using simple linear regression.In the regression printout shown below, which of the following statements is not true? SUMMARY OUTPUT
A prediction equation for sales and payroll was performed using simple linear regression.In the regression printout shown below, which of the following statements is not true? SUMMARY OUTPUT   ANOVA     A) Payroll is a good predictor of Sales based on α = 0.05. B) There is evidence of a positive linear relationship between Sales and Payroll based on α = 0.05. C) Payroll is not a good predictor of Sales based on α = 0.01. D) The coefficient of determination is equal to 0.833333. ANOVA
A prediction equation for sales and payroll was performed using simple linear regression.In the regression printout shown below, which of the following statements is not true? SUMMARY OUTPUT   ANOVA     A) Payroll is a good predictor of Sales based on α = 0.05. B) There is evidence of a positive linear relationship between Sales and Payroll based on α = 0.05. C) Payroll is not a good predictor of Sales based on α = 0.01. D) The coefficient of determination is equal to 0.833333. A prediction equation for sales and payroll was performed using simple linear regression.In the regression printout shown below, which of the following statements is not true? SUMMARY OUTPUT   ANOVA     A) Payroll is a good predictor of Sales based on α = 0.05. B) There is evidence of a positive linear relationship between Sales and Payroll based on α = 0.05. C) Payroll is not a good predictor of Sales based on α = 0.01. D) The coefficient of determination is equal to 0.833333.


A) Payroll is a good predictor of Sales based on α = 0.05.
B) There is evidence of a positive linear relationship between Sales and Payroll based on α = 0.05.
C) Payroll is not a good predictor of Sales based on α = 0.01.
D) The coefficient of determination is equal to 0.833333.

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