Examlex

Solved

Exhibit 12-9
a Regression and Correlation Analysis Resulted in the Following

question 18

Multiple Choice

Exhibit 12-9
A regression and correlation analysis resulted in the following information regarding a dependent variable y) and an independent variable x) .
ΣX=90ΣYYˉ) XXˉ) =466ΣY=170ΣYY) 2=1434n=10SSE=505.98ΣXXˉ) 2=234\begin{array}{ll}\Sigma \mathrm{X}=90 & \Sigma \mathrm{Y}-{\bar{\mathrm{Y}}) X}-\bar{X}) =466 \\\Sigma \mathrm{Y}=170 & \Sigma \mathrm{Y}-\overline{\mathrm{Y}}) ^{2}=1434 \\\mathrm{n}=10\\\mathrm{SSE}=505.98 & \Sigma \mathrm{X}-\bar{X}) ^{2}=234 \end{array}

-Refer to Exhibit 12-9. The sample correlation coefficient equals


Definitions:

Assumptive Close

A type of close that assumes the prospect will buy.

Visual Aids

Tools such as charts, diagrams, videos, and models used to enhance understanding, retention, or presentation of information.

Direct Close

An explicit type of closing wherein the salesperson asks the customer for a decision in a straight-forward, candid manner.

Sales Negotiations

The process of discussions between the buyer and seller aimed at reaching a mutually beneficial agreement on terms.

Related Questions