TABLE 13-10
the Management of a Chainelectronicstore Would Like

question 52

True/False

TABLE 13-10
The management of a chainelectronicstore would like to develop a model for predicting the weekly sales (in thousandof dollars) for individual stores based on the number of customers whomade purchases. A random sample of 12 stores yields the followingresults: $$\begin{array} { | l | l | } \hline \text { Customers } & \text { Sales (Thousands of Dollars) } \\\hline 907 & 11.20 \\\hline 926 & 11.05 \\\hline 713 & 8.21 \\\hline 741 & 9.21 \\\hline 780 & 9.42 \\\hline 898 & 10.08 \\\hline 510 & 6.73 \\\hline 529 & 7.02 \\\hline 460 & 6.12 \\\hline 872 & 9.52 \\\hline 650 & 7.53 \\\hline 603 & 7.25 \\\hline\end{array}$$
-Referring to Table 13-10, the average weekly sales will increase by an estimated $0.01 for each additional purchasing customer.

---

Definitions:

Utilitarian Outcomes

Decisions or actions that are made based on the principle of generating the greatest good for the greatest number of people.

Moss Kanter

Rosabeth Moss Kanter is a professor at Harvard Business School, known for her research in strategy, innovation, and leadership for change.

Powerful People

Individuals who hold significant authority, influence, or control in social, political, or organizational contexts.

Above-average Raises

Refers to salary increases that are higher than what is typically awarded within an organization or industry, often given as a reward for exceptional performance.