The Scatterplot Shows Monthly Sales Figures (In Units) and Number

question 1

Multiple Choice

The scatterplot shows monthly sales figures (in units) and number of months of experience For a sample of salespeople.
The correlation between monthly sales and level of experience is most likely

• A)-.235.
• B)0.
• C).180.
• D)-.914.
• E).914.

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Definitions:

Cash Collections

The total amount of money received from customers or clients for goods or services provided.

Sales Estimate

A projection of the revenue a company expects to generate from sales over a specific period, often used as a basis for budgeting and planning.

Preparation Sequencing

The organized planning and arrangement of tasks or activities to achieve a desired goal or outcome.

Budgeted Balance Sheet

A projection of a company's financial position at a specific future date, based on expected income, expenses, and changes in assets and liabilities.