Salesperson
the General Manager of a Chain of Furniture Stores

question 15

Essay

Salesperson
The general manager of a chain of furniture stores believes that experience is the most important factor in determining the level of success of a salesperson.To examine this belief she records last month's sales (in $1,000s)and the years of experience of 10 randomly selected salespeople.These data are listed below.
$$\begin{array} { | c | c | c | } \hline \text { Ealesperson } & \text { Years of Experience } & \text { Eales } \\\hline 1 & 0 & 7 \\\hline 2 & 2 & 9 \\\hline 3 & 10 & 20 \\\hline 4 & 3 & 15 \\\hline 5 & 8 & 18 \\\hline 0 & 5 & 14 \\\hline 7 & 12& 20 \\\hline 8 &7 & 17 \\\hline 9 &20 & 30 \\\hline 10 & 15& 25 \\\hline\end{array}$$
-If the regression equation is $\hat { y } = 8.63 + 1.0817 x$ ,determine the predicted values of y.

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Definitions:

Focus Group Discussions

A qualitative research method involving guided discussions with a small group of people to explore their perceptions, opinions, beliefs, and attitudes towards a particular topic.

Focus Groups

A qualitative research method involving a small, diverse group of people whose reactions to specific discussions or ideas are studied.

Interviews

A qualitative research method involving direct, face-to-face, or virtual conversation between the interviewer and interviewee(s) to gather in-depth data on a subject.

Incomplete Observer

A research role where the observer does not fully participate or reveal their observer status to the subjects being studied.