The Manager of a Fast Food Restaurant Wants to Determine

question 191

Essay

The manager of a fast food restaurant wants to determine how sales in a given week are related to the number of discount vouchers (#) printed in the local newspaper during the week. The number of vouchers and sales ($000s) from 10 randomly selected weeks is given below with Excel regression output. $$\begin{array} { | c | c | } \hline \text { Number of vouchers } & \text { Sales } \\\hline 4 & 12.8 \\\hline 7 & 15.4 \\\hline 5 & 13.9 \\\hline 3 & 11.2 \\\hline 19 & 18.7 \\\hline 10 & 17.9 \\\hline 8 & 16.8 \\\hline 6 & 15.9 \\\hline 3 & 11.5 \\\hline 5 & 13.9 \\\hline\end{array}$$ Identify possible outliers.

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Definitions:

Individualized Consideration

A leadership approach that involves personalized attention to the needs and development of followers.

Transformational Leader

A type of leader who inspires positive changes in those who follow, by focusing on transforming others to help each other and the organization.

Achievement and Growth

The pursuit and attainment of objectives, coupled with personal or organizational development.

Intellectual Stimulation

The process or activities involved in challenging and enhancing an individual's mental capacity and understanding.