Regression analysis
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Address questions(a)through(e)using the following
information and output for multiple linear regression.
The sales manager of Phanton corporation has constructed a model to evaluate the performance of the company's sales representatives. Te representatives annual sales are estimated by the person's lenght of employment (months) total sales of competitors in the region (thoughts of $) and average four year market share of the product. Data for 25 sales representatives were obtained, and the following output was generated.
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Solution Summary
The solution provides step by step method for the calculation of regression model . Formula for the calculation and Interpretations of the results are also included.
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