Find the Value of the Linear Correlation Coefficient R A) 0235
B) 0

question 91

Multiple Choice

Find the value of the linear correlation coefficient r. The paired data below consist of the costs of advertising (in thousands of dollars) and the number of products sold (in thousands) : $$\begin{array} { | l | r | r | r | r | r | r | r | r | } \hline \text { Cost } & 9 & 2 & 3 & 4 & 2 & 5 & 9 & 10 \\\hline \text { Number } & 85 & 52 & 55 & 68 & 67 & 86 & 83 & 73 \\\hline\end{array}$$

• A) 0.235
• B) 0.246
• C) -0.071
• D) 0.708

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Definitions:

Organic

A form of organizational structure characterized by flexibility, decentralized decision-making, and a broad scope of operations.

Decentralized

Describes organizations or systems where decision-making powers are distributed among various levels or departments rather than being concentrated in a single point of authority.

Span Of Control

The number of subordinates that a manager or supervisor can effectively oversee, control, or manage directly.

Coordination

The organized arrangement of efforts and resources among different persons or groups to achieve a common goal.