Bouvous Corp Has Two Regional Offices

question 128

Multiple Choice

Bouvous Corp has two regional offices.The data for each are as follows:

What is the return on investment for the New Jersey Division?

• A)6)3%
• B)25.5%
• C)41.4%
• D)19.2%

---

Definitions:

Illusory Correlation

The perception of a relationship between two variables when no such relationship exists or it is much weaker than perceived.

Unrelated Variables

Variables in a study or experiment that are not connected to each other, having no direct influence or correlation.

Perception

The process by which individuals organize and interpret their sensory impressions to give meaning to their environment and experiences.

Regression Toward The Mean

The statistical phenomenon where extreme measurements or data points tend to be closer to the average upon subsequent measurements or in different samples.