Alan Nip, Market Analyst for Clear Sound Mart, Is Analyzing

question 69

Multiple Choice

Alan Nip, market analyst for Clear Sound Mart, is analyzing the relation between heavy metal CD sales and the size of the teenage population.He gathers data from six sales districts.Alan's dependent variable is annual heavy metal CD sales (in $1,000,000's) , and his independent variable is teenage population (in 1,000's) .Regression analysis of the data yielded the following tables. The numerical value of the correlation coefficient between the CD sales and the size of teenage population is ___.

• A)0.969785
• B)0.940483
• C)0.224675
• D)-0.14156
• E)1.000000

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Definitions:

Everyday Life

The daily activities, routines, interactions, and experiences of ordinary people.

Public Relations

The practice of managing the spread of information between an organization and the public.

Edward Bernays

was an American pioneer in the field of public relations and propaganda, widely considered the father of public relations for his groundbreaking work in the early 20th century.

Smoking

The act of inhaling and exhaling the smoke of tobacco or a drug.