Data Were Collected on Monthly Sales Revenues (In $\$ 1,000 \mathrm {~s}$

question 12

Multiple Choice

Data were collected on monthly sales revenues (in $\$ 1,000 \mathrm {~s}$ ) and monthly advertising expenditures $( \$ 100$ s) for a sample of drug stores. The regression line relating revenues (Y) to advertising expenditure $( \mathrm { X } )$ is estimated to be $\hat { y } = - 48.3 + 9.00 x$ . The predicted sales revenue for a month in which $\$ 1,000$ was spent on advertising is

• A) \(\$ 50,000\).
• B) \(\$ 851.70\).
• C) \(\$ 8,951.70\).
• D) \(\$ 41,700\).
• E) \(\$ 90,000\).

---

Definitions:

Interacting Teams

Interacting teams are groups of individuals who work closely together, regularly communicating and collaborating to achieve their goals.

Functional Work Teams

Teams organized around specific functions or tasks within an organization, such as sales, marketing, or product development, focused on achieving particular objectives.

Effective Leadership

Effective Leadership is the ability of a leader to inspire, influence, and guide individuals or groups towards achieving the organizational goals in an efficient and ethical manner.

Group Decision

The outcome of a decision-making process that involves the input, agreement, and collaboration of multiple individuals or stakeholders.