A sales manager claims that there is relationship between college GPA sales perf

Question

A sales manager claims that there is relationship between college GPA sales performance (number of units sold) among salespeople hired within the last year. The regression results are shown below and set alpha = .05 are used to test his claim. Which of the following statement(s) is/are true? Write T for the true statement and F for the false statement. If the statement is False, give a reason why it is. 1. Fail to reject the null hypothesis and conclude that there is a significant relationship between GPA and sales performance Reject the null hypothesis and conclude that there is no significant relationship between GPA and sales performance III. Fail to reject the null hypothesis and conclude that there is no significant relationship between GPA and sales performance IV. Reject the null hypothesis and conclude that there is a significant relationship between and sales performance V. The slope of the regression equation is not significantly different from zero.

Explanation / Answer

1. False

2. False

3. True

4. True

5. False

Since P-value = 0.000 which is less than alpha 0.05, So we reject H0 i.e. the regression coefficieint is not equal zero

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