Explore BrainMass

Explore BrainMass

    Develop a regression model for new subscriptions

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    See attached files.

    From Statistics for Managers Using Microsoft® Excel, Fifth Edition: SH13.3

    a. Analyze the data and develop a regression model to predict the mean number of new subscriptions for a month, based on the number of hours spent on telemarketing for new subscriptions.

    b. If you expect to spend 1,200 hours on telemarketing per month, estimate the mean number of new subscriptions for the month. Indicate the assumptions on which this prediction is based. Do you think these assumptions are valid? Explain.

    c. What would be the danger of predicting the number of new subscriptions for a month in which 2,000 hours were spent on telemarketing?

    © BrainMass Inc. brainmass.com June 3, 2020, 11:48 pm ad1c9bdddf
    https://brainmass.com/statistics/regression-analysis/develop-a-regression-model-for-new-subscriptions-299108

    Attachments

    Solution Summary

    A Complete, Neat and Step-by-step Solution is provided in the attached Excel file.

    $2.19

    ADVERTISEMENT