A New Movie Is in the Making Which Has a Budget

question 17

Multiple Choice

A new movie is in the making which has a budget of $350 million. Using the equation in the scatter diagram to predict sales we can say

• A) that the prediction is an extrapolation
• B) that the assumption that nothing about the relationship between budget and sales will change does not have to be made
• C) that we should be cautious with a prediction such as this since it is beyond the range of the x-values
• D) that our prediction is trustworthy
• E) A and C are true.

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Definitions:

Favoritism

The unfair favoring of one person or group over others based on subjective preferences rather than objective merit.

Cronyism

The practice of favoring one's close friends, especially in political appointments or business, regardless of their qualifications.

Organizational Politics

The behavior in workplaces that involves tactics of power and influence to achieve personal or organizational gain.

Pyramid-shaped Organization

An organizational structure that is characterized by a broad base of lower-level employees and a narrowing chain of command up to the top leadership.