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Consider the following to answer the question(s) below:
A sales manager was interested in determining if there is a relationship between college GPA and sales performance among salespeople hired within the last year. A sample of recently hired salespeople was selected and the number of units each sold last month was recorded. Relevant data appear in the table below.
Below are the scatterplot, regression results, and residual plots for these data.
-What percentage of the variability in sales performance (units sold per month) can be accounted for by college GPA?
Empirical Reasoning
It involves drawing conclusions based on observation or experimentation.
Comparative Reasoning
The process of analyzing and evaluating the similarities and differences between entities to draw a conclusion or make a decision.
Ideological Reasoning
The process of forming judgments and ideas based on a set ideology or set of beliefs, rather than empirical evidence or objective truth.
Independent Verification
The process of having a third party check or validate findings or results to ensure their accuracy or authenticity.
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