A large department store has collected the following monthly data on lost sales revenue due to theft and the number of security guard hours on duty:
(a)Determine the least squares regression equation.
(b)Using the results of part (a), find the estimated lost sales revenues if the total number of security guard hours is 800.
(c)Calculate the coefficient of correlation.
(d)Calculate the coefficient of determination.
Definitions:
Leadership Effectiveness
The measure of a leader's success in influencing and guiding individuals or groups towards achieving their objectives.
Questionnaires
A research instrument consisting of a series of questions designed to gather information from respondents.
Trait Approach
A theory of leadership that suggests leaders possess certain inherent traits that predispose them to be leaders.
Attributes
Characteristics or qualities that are inherent or associated with someone or something.
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