A Correlation Analysis Between Sales and Sales Training Scores Results

question 7

Multiple Choice

A correlation analysis between sales and sales training scores results in R = +.98.Which of the following best interprets the relationship between sales and sales training?

• A)98% of the salespeople taking the test have higher sales.
• B)The correlation between sales and sales training is very weak and insignificant.
• C)The correlation between sales and sales training is strong and positive, indicating that higher sales training scores are closely associated with higher sales and vice-versa.
• D)98% of the variation in sales is explained by variations in sales training scores.
• E)none of these

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Definitions:

Original Capital

The initial amount of money invested in a business by its owners or shareholders.

Share of Income

The portion of earnings allocated to a shareholder, typically in the form of dividends.

Salaries

Payments made to employees for their services over a specified period, typically expressed on an annual basis.

Total Assets

The sum of all resources owned by a company that are expected to provide future economic benefits.