A larger firm is considering acquiring the bookstore of Exercise 3. An analyst for the firm, noting

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A larger firm is considering acquiring the bookstore of Exercise 3. An analyst for the firm, noting the relationship seen in Exercise 3, suggests that when they acquire the store they should hire more people because that will drive higher sales. Is his conclusion justified? What alternative explanations can you offer? Use appropriate statistics terminology.
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Stats Data and Models

ISBN: 978-0321986498

4th edition

Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock

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