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# help with regression question watch

1. Hi guys and gals

I was wondering if someone could help me with a regression question, Im hoping to get a general direction on it, please see below thanks

sales experience age employees
17 2 23
23 6 33
20 8 30
18 11 35
19 4 24
22 7 49
21 7 36
28 14 40
26 12 46
12 3 51

a) What is the estimated Regression Equation?

b) Interpret the coefficient on X1 and X2

c) State whether or not there is a significant relationship between sales and both explanatory variables, taken together, at the 5% level of significance.

d) State whether or not the explanatory variables X1 and X2 are statistically significant at the 5% level. Be sure to state the null and the alternative hypothesis and on what your conclusions are based.

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Updated: March 31, 2011
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