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Problem 7-5. The CEO of a well known car seller company wants to determine the f

ID: 2948577 • Letter: P

Question

Problem 7-5. The CEO of a well known car seller company wants to determine the factors having an influence on the percentage amount of car sales. The table bellow shows the result of a regression after setting a model with variables available The interpretation for the coefficient of the variable Comfort (an index from O to 10) is... Coefficients Unstandardized Standardized Coefficients Coefficients Moxkel Sig. Std. ErrorBeta 882 581 .974 024 4.120 036 Constant) 1.312 1.195 1 Dependability 740127.558 Comfort 442 094 .578 a. Dependent Variable: Sales (%)

Explanation / Answer

Interpretation :If the comfort is increase by one unit and Dependability is constant then we predict sales(%) will be increased by 0.442.(in index 0-10)