The accompanying table shows the number of cars sold last month by seven employees at a car dealership and their number of years of sales experience Management would like to use simple regression analysis to estimate monthly car sales using the number of years of sales experience. Based on the hypothesis tests of the correlation coefficient, the coefficient of determination, and the slope, what conclusion should management draw concerning number of cars sold and years of sales experience of employees? O A. Management should conclude that years of experience are a strong predictor of number of cars sold. O B. Management should conclude that the regression model is highly useful for predicting sales. O C. Management should conclude that the regression model is not useful for predicting number of cars sold OD. Management should hire more highly experienced salespersons.
- Sales data - X Experience 1 2 2 Sales 8 6 7 14 9 13 10 4 oo 0 0 ANN 5 6 8 Print Done
The accompanying table shows the number of cars sold last month by seven employees at a car dealership and their number
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The accompanying table shows the number of cars sold last month by seven employees at a car dealership and their number
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