A Sales Manager for an Advertising Agency Believes There Is

question 25

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: = 33.4. = 2814.4. Rounding to one decimal place,the 95% confidence interval for 30 calls is ________.

• A)55.8,51.5
• B)51.4,55.9
• C)46.7,60.6
• D)31.1,76.2

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Definitions:

Differentiation Strategy

A business approach where a company develops unique products or services to stand out from competitors in the market.

High-end Watches

Timepieces that are considered to be of the highest quality, often characterized by their craftsmanship, exclusivity, and luxury branding.

Customer Service

The support and assistance provided by a company to its customers before, during, and after purchasing products or services.

New Markets

Refers to the process or strategy of identifying and entering areas or sectors where a business can sell its products or services that were previously unexplored or untapped.