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 belief, 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) for each additional contact made, the salesperson can anticipate a drop of $12,201 in sales.
C) when no contacts are made, the salesperson can anticipate sales of $12,201.
D) when no contacts are made, the salesperson can anticipate negative sales-therefore the regression model doesn't make sense for no contacts.
E) when no contacts are made, the salesperson can anticipate sales of $2,195.

Question

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 belief, 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) for each additional contact made, the salesperson can anticipate a drop of $12,201 in sales. 
C) when no contacts are made, the salesperson can anticipate sales of $12,201. 
D) when no contacts are made, the salesperson can anticipate negative sales-therefore the regression model doesn't make sense for no contacts. 
E) when no contacts are made, the salesperson can anticipate sales of $2,195.

Quizplus · Accepted Answer

The Answer of 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 belief, 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) for each additional contact made, the salesperson can anticipate a drop of $12,201 in sales. 
C) when no contacts are made, the salesperson can anticipate sales of $12,201. 
D) when no contacts are made, the salesperson can anticipate negative sales-therefore the regression model doesn't make sense for no contacts. 
E) when no contacts are made, the salesperson can anticipate sales of $2,195.

A Sales Manager for an Advertising Agency Believes There Is