Solved

Write the Word or Phrase That Best Completes Each Statement α=0.05\alpha = 0.05

Question 56

Short Answer

Write the word or phrase that best completes each statement or answers the question.
-A manager wishes to determine the relationship between the average number of new accounts opened by 9 sales representatives (per month) and their sales (in thousands of dollars) per month. Can you conclude that there is a correlation between the new accounts opened and sales generated? Use α=0.05\alpha = 0.05 .
 Number of New Accounts 9101714152210818 Sales 3840856972685562127\begin{array}{l|ccccccccc}\text { Number of New Accounts } & 9 & 10 & 17 & 14 & 15 & 22 & 10 & 8 & 18 \\\hline \text { Sales } & 38 & 40 & 85 & 69 & 72 & 68 & 55 & 62 & 127\end{array}

Correct Answer:

verifed

Verified

critical values blured image; test statist...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents