A Manager Wishes to Determine the Relationship Between the Number

question 61

Essay

A manager wishes to determine the relationship between the number of miles (in hundreds of miles) themanagerʹs sales representatives travel per month and the amount of sales (in thousands of dollars) per month. $$\begin{array} { l | c | c | c | c | c | c | c | c | c | } \text { Miles traveled, } \mathrm { x } & 2 & 3 & 10 & 7 & 8 & 15 & 3 & 1 & 11 \\\hline \text { Sales, } \mathrm { y } & 31 & 33 & 78 & 62 & 65 & 61 & 48 & 55 & 120\end{array}$$

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Definitions:

Horizontal Mergers

Mergers between companies that operate in the same industry, often aimed at creating synergies, reducing competition, or achieving economies of scale.

Vertical Mergers

Mergers between companies that operate at different stages within an industry's supply chain, aiming to increase synergies and efficiency.

IRS

The Internal Revenue Service, the U.S. federal agency responsible for administering and enforcing the tax laws and collecting taxes.

Tax Savings

Reductions in tax payments achieved through allowable deductions, credits, or other legal means.