A prediction equation for sales and payroll was performed using simple linear regression.In the regression printout shown below, which of the following statements is not true? SUMMARY OUTPUT
ANOVA

A)Payroll is a good predictor of Sales based on α = 0.05.
B)There is evidence of a positive linear relationship between Sales and Payroll based on α = 0.05.
C)Payroll is not a good predictor of Sales based on α = 0.01.
D)The coefficient of determination is equal to 0.833333.

Question

A prediction equation for sales and payroll was performed using simple linear regression.In the regression printout shown below, which of the following statements is not true? SUMMARY OUTPUT
 ANOVA
 
A)Payroll is a good predictor of Sales based on α = 0.05. 
B)There is evidence of a positive linear relationship between Sales and Payroll based on α = 0.05. 
C)Payroll is not a good predictor of Sales based on α = 0.01. 
D)The coefficient of determination is equal to 0.833333.

Quizplus · Accepted Answer

The Answer of A prediction equation for sales and payroll was performed using simple linear regression.In the regression printout shown below, which of the following statements is not true? SUMMARY OUTPUT
 ANOVA
 
A)Payroll is a good predictor of Sales based on α = 0.05. 
B)There is evidence of a positive linear relationship between Sales and Payroll based on α = 0.05. 
C)Payroll is not a good predictor of Sales based on α = 0.01. 
D)The coefficient of determination is equal to 0.833333.

A Prediction Equation for Sales and Payroll Was Performed Using