Suppose That the Relationship Between Sales (Y, in $000) and Number

question 59

Multiple Choice

Suppose that the relationship between sales (Y, in $000) and number of salespeople (X) is represented by the following regression equation:

Y = 105.2 + 35.8X

-Refer to Exhibit 13.3. What will average sales be equal to when 10 salespeople are used?

• A) $358,000
• B) $463.20
• C) $358.00
• D) $463,200
• E) More information is needed to answer this question.

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Definitions:

Id

According to Freud, the psychological force that produces instinctual needs, drives, and impulses.

Rational Thinking

The process of thinking clearly, logically, and applying objective judgment based on facts and reason, rather than emotions or irrational beliefs.

Instinctual Needs

The fundamental biological and psychological needs driving behavior, such as needs for food, safety, and attachment.

Moral Standards

Principles or rules of behavior that individuals and societies consider to be ethically right or acceptable, guiding conduct in various situations.