Company A has the following data regarding its annual sales discount points and the number
of customer.
X1
(Discount points)
X2
(number of customers)
Y
(Sales)
4
29500
36300
6
55700
40100
6
71300
41200
8
87000
53000
6
75000
44000
7
72000
45600
5
55300
39000
7
81600
47500
49
527400
346700
To investigate how discount points and the number of customers influence the sales the
analyst conducts a multiple regression analysis and she gets the following table:
Coefficients
Standard
Error
t Stat
P-value
Intercept
19094.424
4139.282
4.613
0.
Company A has the following data regarding its annual sales discount points and the number
of customer.
X1
(Discount points)
X2
(number of customers)
Y
(Sales)
4
29500
36300
6
55700
40100
6
71300
41200
8
87000
53000
6
75000
44000
7
72000
45600
5
55300
39000
7
81600
47500
49
527400
346700
To investigate how discount points and the number of customers influence the sales the
analyst conducts a multiple regression analysis and she gets the following table:
Coefficients
Standard
Error
t Stat
P-value
Intercept
19094.424
4139.282
4.613
0.006
X1
3560.996
1499.981
2.374
0.064
X2
0.037
0.101
0.364
0.731
Questions:
4-1: For the analyst the significance implies p