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A manager of a product sales group believes the number of sales made by an employee depends
On how many years that employee has been with the company and how he/she scored on a
Business aptitude test.A random sample of 38 employees was selected to collect data on their
Number of sales, number of years with the company and scores on a business aptitude test.
Which of the following would you perform to draw conclusion on the belief?
Previously Existing Distortions
Inefficiencies or imperfections already present in a market before a new policy or change was implemented.
Distortionary Tax
A tax that causes people to alter their behavior and economic decisions from what they would have chosen in the absence of the tax.
Principle of Neutrality
The concept that certain measures, such as fiscal policies, should be designed to have a neutral effect on economic choices and competition.
Economic Decisions
Choices made by individuals, businesses, or governments regarding the allocation of scarce resources to satisfy needs and desires.
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