CH14 – Sales Manager’s Analysis of Salespersons’ Experience and Annual Sales

Essentials of Modern Business Statistics with Microsoft® Excel®

Anderson, Sweeney, Williams, Camm, and Cochran

07th Edition

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Analyze the data collected by the sales manager on annual sales for new customer accounts and the number of years of experience for a sample of 10 salespersons. Create a scatter diagram for the data with years of experience as the independent variable, develop an estimated regression equation to predict annual sales, and use the equation to predict annual sales for a salesperson with 9 years of experience.

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