SCENARIO 13-10
The management of a chain electronic store would like to develop a model for predicting the weekly sales (in thousands of dollars)for individual stores based on the number of customers who made purchases.A random sample of 12 stores yields the following results:

-Referring to Scenario 13-10,the mean weekly sales will increase by an estimated
$0.01 for each additional purchasing customer.

Question

SCENARIO 13-10
The management of a chain electronic store would like to develop a model for predicting the weekly sales (in thousands of dollars)for individual stores based on the number of customers who made purchases.A random sample of 12 stores yields the following results:
  
-Referring to Scenario 13-10,the mean weekly sales will increase by an estimated
$0.01 for each additional purchasing customer.

Quizplus · Accepted Answer

Without the specific details of Scenario 13-10, it's impossible to confirm the accuracy of the statement regarding the impact of each additional purchasing customer on mean weekly sales.

SCENARIO 13-10 the Management of a Chain Electronic Store Would Like to Like