TABLE 14-1 A Manager of a Product Sales Group Believes the Number

question 128

Multiple Choice

TABLE 14-1
A manager of a product sales group believes the number of sales made by an employee (Y) depends on how many years that employee has been with the company (X₁) and how he/she scored on a business aptitude test (X₂) .A random sample of 8 employees provides the following:
-Referring to Table 14-1,for these data,what is the estimated coefficient for the variable representing years an employee has been with the company,b₁?

• A)0.998
• B)3.103
• C)4.698
• D)21.293

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Definitions:

Motivation Components

The various elements that drive an individual's behavior towards achieving specific goals, including intrinsic and extrinsic motivators.

Lower-order Need

Basic physiological and safety needs that individuals seek to fulfill before addressing more complex desires or psychological aspects.

Higher-order Need

Advanced psychological needs that go beyond basic physical requirements, such as social belonging, esteem, and self-actualization, according to Maslow's hierarchy.

Maslow's Needs

A hierarchy of human needs proposed by Abraham Maslow that describes motivational factors from basic physiological needs to self-actualization.