A sales manager for an advertising agency believes there is a relationship between the number of
Contacts and the amount of the sales. To verify this believe, the following data was collected:
The y-intercept in this instance suggests:
A) for each additional contact made, the salesperson can anticipate an additional $2,195 in sales.
B) when no contacts are made, the salesperson can anticipate sales of $2,195.
C) for each additional contact made, the salesperson can anticipate a drop of $12,201 in sales.
D) when no contacts are made, the salesperson can anticipate sales of $12,201.
E) when no contacts are made, the salesperson can anticipate negative sales-therefore the
regression model doesn't make sense for no contacts.
Correct Answer:
Verified
Q40: i. The technique used to measure the
Q41: The partial MegaStat output below is regression
Q42: The partial MegaStat output below is regression
Q43: The partial megastat output below is regression
Q44: We have collected price per share and
Q46: A sales manager for an advertising agency
Q47: i. A coefficient of correlation r close
Q48: A sales manager for an advertising agency
Q49: i. The strength of the correlation between
Q50: We have collected price per share and
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