Instruction 12-10
the Management of a Chain Electronic Store Would

question 2

True/False

Instruction 12-10
The management of a chain electronic store would like to develop a model for predicting the weekly sales (in thousands of dollars)for individual stores based on the number of customers who made purchases.A random sample of 12 stores yields the following results:
$$\begin{array} { | c | c | } \hline \text { Customers } & \text { Sales (Thousands of Dollars) } \\\hline 907 & 11.20 \\\hline 926 & 11.05 \\\hline 713 & 8.21 \\\hline 741 & 9.21 \\\hline 780 & 9.42 \\\hline 698 & 10.08 \\\hline 510 & 6.73 \\\hline 529 & 7.02 \\\hline 460 & 6.12 \\\hline 872 & 9.52 \\\hline 650 & 7.53 \\\hline 603 & 7.25 \\\hline\end{array}$$
-Referring to Instruction 12-10,the average weekly sales will increase by an estimated $0.01 for each additional purchasing customer.

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Definitions:

Trait Inherited

A characteristic or attribute that is genetically passed from parents to their offspring.

Faith Development

The process of growth and change in one’s spiritual beliefs, values, and practices throughout the lifespan, often influenced by personal experiences and external factors.

Ultimate Truth

A concept or belief representing an absolute reality that transcends relative, subjective experiences.

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A stage of faith development proposed by James Fowler where an individual critically examines their beliefs and values, leading to a more personal and internalized faith.