Suppose You Were Interested in Conducting a Study Examining How

question 4

Short Answer

Suppose you were interested in conducting a study examining how ratings of similarity between oneself and another person were related to how attracted one is to the other person.You conduct this study by giving participants a description of a person named "Sarah." Participants are asked to read the description and then rate on a scale from 1 to 10 how similar Sarah is to themselves.You also ask each participant to rate on a scale from 1 to 20 how likeable they think Sarah is.
X = rating of similarity of target to oneself
Y = rating of likability of the target ("Sarah")
62 people participate in your study,and you obtain the following data:
= 6.00 SCP = 66
= 10.00 SS_X = 40
SS_Y = 136
Calculate the slope for the regression equation for the above data.

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Definitions:

Controllable Margin

Contribution margin less controllable fixed costs.

Controllable Fixed Costs

Fixed costs that management has the ability to influence or change in the short term.

Profit Center

A responsibility center that incurs costs and also generates revenues.

Average Operating Assets

The average value of the assets used in the normal operations of a business over a certain period, often used in evaluating the performance of investment centers.