Consider the Following to Answer the Question(s) Below

question 28

Multiple Choice

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.
-The percentage of variability in sales performance (units sold per month) accounted for by college GPA is

• A) 50.56%.
• B) 78.1%.
• C) 34.70%.
• D) 100%.
• E) 48.9%.

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Definitions:

Personal Property

Everything that can be owned other than real estate.

Fixture

An item of property that is attached to a structure or land in such a way that removing it would damage the property or deplete its value.

Evict Tenants

The legal process through which a landlord may remove a tenant from rental property, typically due to failure to abide by the rental agreement.

Lease Agreement

A contract specifying the terms under which one party agrees to rent property owned by another party.