Data is collected from 20 sales people in order to verify that the more contacts made with potential clients, the greater the sales volume. The Excel printout is shown below. The slope in this instance indicates:
A) for each additional contact made, the salesperson can anticipate an additional $1983 in sales.
B) for each additional contact made, the salesperson can anticipate an additional $1.98 in sales.
C) for each additional contact made, the salesperson can anticipate an additional $7,554 in sales.
D) for each additional contact made, the salesperson can anticipate a drop of $7,554 in sales.
E) for each additional sale made, the salesperson can anticipate an additional 2 contacts are needed.

Question

Data is collected from 20 sales people in order to verify that the more contacts made with potential clients, the greater the sales volume. The Excel printout is shown below.   The slope in this instance indicates:
A) for each additional contact made, the salesperson can anticipate an additional $1983 in sales. 
B) for each additional contact made, the salesperson can anticipate an additional $1.98 in sales. 
C) for each additional contact made, the salesperson can anticipate an additional $7,554 in sales. 
D) for each additional contact made, the salesperson can anticipate a drop of $7,554 in sales. 
E) for each additional sale made, the salesperson can anticipate an additional 2 contacts are needed.

Quizplus · Accepted Answer

The slope of the line in the Excel printout is 1983. This means that for each additional contact made by a salesperson, they can anticipate an additional $1983 in sales.

Data Is Collected from 20 Sales People in Order to Verify