Solved

Compute the Standard Error of the Estimate
-A Manager Wishes se\mathrm { s } _ { \mathrm { e } }

Question 55

Multiple Choice

Compute the Standard Error of the Estimate
-A manager wishes to determine the relationship between the number of years her sales representatives have been with the firm and their average monthly sales (in thousands of dollars) . Find the standard error of estimate, se\mathrm { s } _ { \mathrm { e } } , given that y=3.53x+37.92\mathrm { y } = 3.53 \mathrm { x } + 37.92 .
 Compute the Standard Error of the Estimate -A manager wishes to determine the relationship between the number of years her sales representatives have been with the firm and their average monthly sales (in thousands of dollars) . Find the standard error of estimate,  \mathrm { s } _ { \mathrm { e } } , given that  \mathrm { y } = 3.53 \mathrm { x } + 37.92 .   A) 22.062 B)  15.951 C)  10.569 D)   5.122


A) 22.062
B) 15.951
C) 10.569
D) 5.1225.122

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions