A Sales Manager for an Advertising Agency Believes There Is

question 34

Multiple Choice

A sales manager for an advertising agency believes there is a relationship between the number of contacts that a salesperson makes and the amount of sales dollars earned. A regression analysis shows the following results: What is the standard error of the slope?

• A)0.176
• B)6.560
• C)−12.201
• D)12.505

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Definitions:

Preferred Stock

A class of ownership in a corporation that has a higher claim on the assets and earnings than common stock, typically with fixed dividends and without voting rights.

Rate Of Interest

The percent of principal charged by the lender for the use of its money.

Future Value

The value of an investment at a specific date in the future, calculated by applying a rate of interest or return to the principal amount.

Annually

Occurring once every year or relating to a period of one year.