A Manager Wishes to Determine Whether There Is a Relationship

question 70

Multiple Choice

A manager wishes to determine whether there is a relationship between the number of years her salesrepresentatives have been with the company and their average monthly sales. The table shows the years ofservice for each of her sales representatives and their average monthly sales (in thousands of dollars) . $\begin{array}{l|c|c|c|c|c|c|c|c|c}\text { Years with company, } x & 6 & 7 & 14 & 11 & 12 & 19 & 7 & 5 & 15 \\\hline \text { Sales, y } & 36 & 38 & 83 & 67 & 70 & 66 & 53 & 60 & 125\end{array}$

• A) \(\mathrm { r } = 0.632\); no linear relation exists
• B) \(\mathrm { r } = 0.632\); linear relation exists
• C) \(\mathrm { r } = 0.717\); linear relation exists
• D) \(\mathrm { r } = 0.717\); no linear relation exists

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Definitions:

Securities Reform

Changes and amendments made to regulations and laws governing the trading and issuance of securities to protect investors and ensure market integrity.

Rule-Of-Reason Standard

In antitrust law, a doctrine that holds that a court should stop certain practices only if they are an unreasonable restriction of competition.

Pro-Competitive

Actions or policies designed to encourage competition within the market, aiming to enhance efficiency, innovation, and consumer choice.

American Needle

A landmark U.S. Supreme Court case related to antitrust law and collective licensing agreements.