A sales manager was interested in determining if there is a
A sales manager was interested in determining if there is a relationship between college GPA and sales performance among salespeople hired within the last year. A sample of recently hired salespeople was selected the number of units each sold last month recorded. The regression results are shown below.
The regression equation is
Units Sold = - 0.48 + 7.42 GPA
Predictor Coef SE Coef T P
Constant -0.484 3.256 -0.15 0.884
GPA 7.423 1.044 7.11 0.000
S = 1.57429 R-Sq = 78.3% R-Sq(adj) = 76.8%
Based on these results, at = .05 we will
A. Reject the null hypothesis.
B. not reject the null hypothesis
C. conclude that there is no significant relationship between GPA and sales performance.
D. both A and C
E. both B and C
Solution
As we can see, the P value for the coefficient of GPA is 0.000 < 0.05.
Thus, OPTION A: Reject the null hypothesis.
