Annie Mikhail, Market Analyst for a National Company Specializing in Historic

question 14

Multiple Choice

Annie Mikhail, market analyst for a national company specializing in historic city tours, is analyzing the relationship between the sales revenue from historic city tours and the size of the city. She gathers data from six cities in which the tours are offered. Annie's dependent variable is annual sales revenues and her independent variable is the city population. Regression analysis of the data yielded the following tables: The numerical value of the correlation coefficient between the historic city tour sales and the size of city population is ___.

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

---

Definitions:

Organization's Products

The goods or services that are produced or provided by an organization to fulfill its mission and meet customer needs.

Transferability

The capability of something being transferred or made applicable in different contexts, such as skills or knowledge between jobs or departments.

Executive Level

The highest tier in an organization's hierarchy, typically consisting of senior leaders responsible for strategic decision-making.

Managerial Skills

Competences or abilities essential for managing people, projects, or resources effectively.