A sales manager for an advertising agency believes there is a relationship between the number of...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
A sales manager for an advertising agency believes there is a relationship between the number of contacts that a salesperson makes and the amount of sales dollars earned). Compute the regression coefficients and develop the regression equation from the following data. sales earned $ 5.5 3.5 3.1 2.8 4.4 4.7 5.1 5.3 3.5 5.1 number of contacts 22 15 12 12 25 20 33 42 41 17 A sales manager for an advertising agency believes there is a relationship between the number of contacts that a salesperson makes and the amount of sales dollars earned). Compute the regression coefficients and develop the regression equation from the following data. sales earned $ 5.5 3.5 3.1 2.8 4.4 4.7 5.1 5.3 3.5 5.1 number of contacts 22 15 12 12 25 20 33 42 41 17
Expert Answer:
Answer rating: 100% (QA)
Y Saler eamed SS 3S 31 44 47 51 3 3S 51 43 YCMX X Number of Contacts VS F F nex 33 15 10 10694 ... View the full answer
Related Book For
Business Statistics For Contemporary Decision Making
ISBN: 978-1118749647
8th edition
Authors: Black Ken
Posted Date:
Students also viewed these accounting questions
-
Is there a relationship between the number of farms in a state and the acreage per farm? A random selection of states across the country, both eastern and western, produced the following results. Can...
-
Is there a relationship between the number of motor vehicle (MV) thefts and the number of burglaries (per 100,000 populations) for different metropolitan areas? Use α = 0.05. Perform...
-
Is there a linear relationship between the number of hits a World Series player gets and the number of times at bat the player has? 44 55 39 77 67 51 45 At Bats 67 25 30 23 16 19 20 20 23 Hits 18
-
All organizations incur non value added costs. Eliminating or reducing non value added costs is the responsibility of managers. Using the Activity Based Management approach and focusing on the...
-
What factors does a cosmetics company need to consider when designing its marketing channel for a new low-priced line of cosmetics?
-
(a) Find the intervals of increase or decrease. (b) Find the local maximum and minimum values. (c) Find the intervals of concavity and the inflection points. (d) Use the information from parts (a)(c)...
-
Why is monitoring and information disclosure critical for the success of emissions banking and trading?
-
Why do some transactions require an entry in a fund and another in an account group? What impact would there be if a journal entry were made only in the fund or only in the account group?
-
. Manoj has just received the good news that he has become the father of an adorable baby girl. He starts dreaming about his daughter is going to be when she grows up. He would like her to go to the...
-
Today is May 17, 2023, and you, CPA, are a Senior Tax Associate at Borden & Laurier LLP. Sylvie Condurache, Tax Manager, has called you into her office to discuss a long-time client: "I just got out...
-
3 In a particular binary mixture, the activity coefficient of component 1 is 4 adequately represented by the relation Iny = Ax2, where A is a constant and x2 is the mole fraction of component 2....
-
what ways does emotional intelligence among leaders correlate with organizational success, and how can organizations develop and leverage emotional intelligence within their leadership teams ?
-
If you borrow $ 3 , 000 on an 8 % discounted loan for 9 months, how much will you actually receive?
-
A company issued 2,000,000$,12%, 5 years semianually bonds when the bonds yield 10% at 1/1/2022. In 30/06/2024 after payment of interest the company decided to retire half of the bonds for...
-
5. What radical expression could be added to -3/45+2/12+327-3/20 to obtain a sum of 500+300? Write each term as a mixed radical in simplest form to begin. (4 marks)
-
What role does emotional intelligence play in conflict resolution, and how can higher levels of emotional intelligence improve outcomes in contentious situations ?
-
???????Need answer for below questionWoolworth Ltd, After Pay Ltd, and Santos Ltd for the years 2021,2020 and 2019. Examine the consolidated Cash Flow Statements foreach companies acr f) If the firm...
-
The outer loop controls the number of students. Note that the inner loop of this program is always executed exactly three times, once for each day of the long weekend. Modify the code so that the...
-
Study the Minitab chart on the fill of a product that is supposed to contain 12 ounces. Does the process appear to be out of control? Why or whynot? X bar Chart of Measures 12.5 F 3.0 SL = 12.43 u...
-
Tompkins Associates reports that the mean clear height for a Class A warehouse in the United States is 22 feet. Suppose clear heights are normally distributed and that the standard deviation is 4...
-
Studies have shown that about half of all workers who change jobs cash out their 401(k) plans rather than leaving the money in the account to grow. The percentage is much higher for workers with...
-
What client actions might cause a CPA to terminate an existing client relationship?
-
Try-Hard Company was organized in early January of 19X7. The company is in the business of taking computer chips from discarded personal computers and making vases and other items that are used to...
-
How do auditors often determine their anticipated reliance on the internal control structure?
Study smarter with the SolutionInn App