Instruction 13 -Referring to Instruction 13

question 40

Multiple Choice

Instruction 13.1
A manager of a product sales group believes the number of sales made by an employee (Y) depends on how many years that employee has been with the company (X₁) and how he/she scored on a business aptitude test (X₂) . A random sample of 8 employees provides the following:
$$\begin{array} { | l | l | l | l | } \hline \text { Employee } & Y & X 1 & X 2 \\\hline 1 & 100 & 10 & 7 \\\hline 2 & 90 & 3 & 10 \\\hline 3 & 80 & 8 & 9 \\\hline 4 & 70 & 5 & 4 \\\hline 5 & 60 & 5 & 8 \\\hline 6 & 50 & 7 & 5 \\\hline 7 & 40 & 1 & 4 \\\hline 8 & 30 & 1 & 1 \\\hline\end{array}$$
-Referring to Instruction 13.1,if an employee who had been with the company for five years scored a 9 on the aptitude test,what would his estimated expected sales be?

• A) 60.88
• B) 17.98
• C) 55.62
• D) 79.09

---

Definitions:

Price Discrimination

The strategy of selling the same product or service at different prices to different groups of consumers, typically based on factors like age, location, or purchasing history.

Senior Citizen Discount

A reduced price or special deal offered to elderly customers as a courtesy or to encourage their patronage.

Grocery Coupons

Vouchers offered by retailers or manufacturers that provide a discount on the purchase of grocery items.

Robinson-Patman Act

A United States federal law that prohibits antitrust practices by preventing unfair price discrimination by suppliers to harm competition.