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A Manager Wants to Predict the Cost (Y)of Travel for Salespeople

question 17

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A manager wants to predict the cost (y) of travel for salespeople based on the number of days (x) spent on each sales trip.The following model has been developed: ŷ = $400 + 120x.If a trip took 4 days, the predicted cost of the trip is _____________.


Definitions:

Electronic Brainstorming

A form of brainstorming that uses electronic methods, such as online collaboration tools, to generate ideas or solutions in a group setting.

Proximity

The physical or psychological closeness between people, which can influence their interactions and relationships.

Recognition

The action or process of acknowledging or honoring someone's achievements, skills, or qualities.

Flexibility

The quality of being able to adapt to new, different, or changing requirements and situations.

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