Sale and Experience The general manager of a chain of Designer stores believes that experience is the most important factor in determining the level of success of a salesperson. To examine this belief she records last month's sales (in $1,000s)and the years of experience of 10 randomly selected salespeople. These data are listed below. {Sales and Experience Narrative} Conduct a test of the population coefficient of correlation to determine at the 5% significance level whether more experience is related to higher sales, as the manager speculates.

Question

Sale and Experience The general manager of a chain of Designer stores believes that experience is the most important factor in determining the level of success of a salesperson. To examine this belief she records last month's sales (in $1,000s)and the years of experience of 10 randomly selected salespeople. These data are listed below.  {Sales and Experience Narrative} Conduct a test of the population coefficient of correlation to determine at the 5% significance level whether more experience is related to higher sales, as the manager speculates.

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The Answer of Sale and Experience The general manager of a chain of Designer stores believes that experience is the most important factor in determining the level of success of a salesperson. To examine this belief she records last month's sales (in $1,000s)and the years of experience of 10 randomly selected salespeople. These data are listed below.  {Sales and Experience Narrative} Conduct a test of the population coefficient of correlation to determine at the 5% significance level whether more experience is related to higher sales, as the manager speculates.

Sale and Experience the General Manager of a Chain of Designer