A Manager of a Product Sales Group Believes the Number

question 273

Multiple Choice

A manager of a product sales group believes the number of sales made by an employee depends on how many years that employee has been with the company and how he/she scored on a business aptitude test.A random sample of 38 employees was selected to collect data on their number of sales,number of years with the company and scores on a business aptitude test.Which of the following would you perform to draw conclusion on the belief?

• A)One-way ANOVA.
• B)Simple linear regression.
• C)Two-way ANOVA
• D)Multiple linear regression.

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Definitions:

Customer Refunds Payable

Liabilities owed to customers for products returned or services not satisfactorily rendered.

Merchandise Inventory

The total value of a retailer's goods that are available for sale to customers, including items purchased from suppliers and items ready for sale.

Sales Discount

A reduction in the price of goods or services offered to customers, usually to prompt early payment or bulk purchases.

FOB Shipping Point

A shipping term indicating that the buyer takes responsibility for loss or damage once the goods are shipped, and pays the shipping cost.