SCENARIO 13-1
a Manager of a Product Sales Group Believes

question 127

Multiple Choice

SCENARIO 13-1
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: $$\begin{array} { c r r r } \text { Emplovee } & { Y } & { X _ { 1 } } & X _ { 2 } \\\hline 1 & 100 & 10 & 7 \\2 & 90 & 3 & 10 \\3 & 80 & 8 & 9 \\4 & 70 & 5 & 4 \\5 & 60 & 5 & 8 \\6 & 50 & 7 & 5 \\7 & 40 & 1 & 4 \\8 & 30 & 1 & 1\end{array}$$
-Referring to SCENARIO 13-1, for these data, what is the estimated coefficient for the variable representing scores on the aptitude test, b2?

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

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Definitions:

Biasing Data

The act of influencing or skewing information in a way that distorts the truth or accuracy of the data.

Simulations

The act of imitating the operation of a real-world process or system over time for the purpose of training, analysis, or prediction.

Realistic Situations

Circumstances or scenarios that closely mimic real-life conditions, often used in simulations or training.

Measurement Format

The method or system used for quantifying or evaluating attributes, behaviors, or outcomes.