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Data Is Collected from 20 Sales People in Order to Verify

question 35

Multiple Choice

Data is collected from 20 sales people in order to verify that the more contacts made with potential
Clients, the greater the sales volume. A scatter diagram of the collected information is shown below. Data is collected from 20 sales people in order to verify that the more contacts made with potential Clients, the greater the sales volume. A scatter diagram of the collected information is shown below.   Looking at this scatter diagram you determine: A)  there is clearly no relationship between the number of sales contacts made and the sales earned. B)  there is a moderate but inverse relationship between the two variables. C)  there is a moderate and direct relationship between the two variables. D)  the Sales ($000s)  is the independent variable.
Looking at this scatter diagram you determine:


Definitions:

Asset

Resources owned or controlled by a business that are expected to provide future economic benefits.

Original Cost

The initial price paid or cost of acquisition of an asset, before any depreciation, amortization, or impairment costs are deducted.

Increased Revenues

A rise in the amount of money a company earns from its business activities over a certain period.

Fixed Costs

Costs that do not change with the level of production or sales activities, such as rent, salaries, and insurance premiums.

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