Data is collected from 20 sales people in order to verify that the more contacts made with potential clients, the greater the sales volume. The Excel printout is shown below.
The y-intercept in this instance suggests:
A) For each additional contact made, the salesperson can anticipate an additional $193 in sales
B) For each additional contact made, the salesperson can anticipate a drop of $1983 in sales
C) When no contacts are made, the salesperson can anticipate sales of $7554
D) When no contacts are made, the salesperson can anticipate sales of $1983
E)When no contacts are made, the salesperson can anticipate negative sales - therefore the regression model doesn't make sense for no contacts

Question

Data is collected from 20 sales people in order to verify that the more contacts made with potential clients, the greater the sales volume. The Excel printout is shown below. 
 The y-intercept in this instance suggests:
A) For each additional contact made, the salesperson can anticipate an additional $193 in sales 
B) For each additional contact made, the salesperson can anticipate a drop of $1983 in sales 
C) When no contacts are made, the salesperson can anticipate sales of $7554 
D) When no contacts are made, the salesperson can anticipate sales of $1983 
E)When no contacts are made, the salesperson can anticipate negative sales - therefore the regression model doesn't make sense for no contacts

Quizplus · Accepted Answer

The Answer of Data is collected from 20 sales people in order to verify that the more contacts made with potential clients, the greater the sales volume. The Excel printout is shown below. 
 The y-intercept in this instance suggests:
A) For each additional contact made, the salesperson can anticipate an additional $193 in sales 
B) For each additional contact made, the salesperson can anticipate a drop of $1983 in sales 
C) When no contacts are made, the salesperson can anticipate sales of $7554 
D) When no contacts are made, the salesperson can anticipate sales of $1983 
E)When no contacts are made, the salesperson can anticipate negative sales - therefore the regression model doesn't make sense for no contacts

Data Is Collected from 20 Sales People in Order to Verify