Data is collected from 20 sales people in order to verify that the more contacts made with potential
Clients, the greater the sales volume. A scatter diagram of the collected information is shown below.
Looking at this scatter diagram you determine:
A) there is clearly no relationship between the number of sales contacts made and the sales earned.
B) there is a moderate but inverse relationship between the two variables.
C) there is a moderate and direct relationship between the two variables.
D) the Sales ($000s) is the independent variable.
Correct Answer:
Verified
Q1: i. If we are studying the relationship
Q2: What is the chart called when the
Q5: A sales manager for an advertising agency
Q6: A sales manager for an advertising agency
Q7: i. In order to visualize the form
Q8: Given the scatter diagram below, that shows
Q9: i. The least squares technique minimizes the
Q10: i. If we are studying the relationship
Q11: i. A scatter diagram is a chart
Q18: In the regression equation, Y' = a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents