A sales manager for an advertising agency believes that there is a relationship between the number of contacts that a sales person makes and the amount of the sales dollars earned. A regression analysis shows the following results: What is the decision regarding the hypothesis that the slope equals zero?
A) Fail to reject the null hypothesis
B) Fail to reject the alternative hypothesis
C) Reject the null hypothesis
D) Reject the alternative hypothesis

Question

A sales manager for an advertising agency believes that there is a relationship between the number of contacts that a sales person makes and the amount of the sales dollars earned. A regression analysis shows the following results:  What is the decision regarding the hypothesis that the slope equals zero?
A) Fail to reject the null hypothesis 
B) Fail to reject the alternative hypothesis 
C) Reject the null hypothesis 
D) Reject the alternative hypothesis

Quizplus · Accepted Answer

The p-value of the slope coefficient (0.003) is less than the significance level of 0.05, so we reject the null hypothesis and conclude that there is a significant linear relationship between the number of contacts and sales dollars earned.

A Sales Manager for an Advertising Agency Believes That There