Solved

A Manager Wishes to Determine the Relationship Between the Number

Question 81

Multiple Choice

A manager wishes to determine the relationship between the number of miles traveled (in hundreds of miles) by her sales representatives and their amount of sales (in thousands of dollars) per month. Find the equation of the regression line for the given data. What would be the predicted sales if the sales representative traveled 0 miles? Is this reasonable? Why or why not? Round the regression line values to the nearest hundredth. A manager wishes to determine the relationship between the number of miles traveled (in hundreds of miles)  by her sales representatives and their amount of sales (in thousands of dollars)  per month. Find the equation of the regression line for the given data. What would be the predicted sales if the sales representative traveled 0 miles? Is this reasonable? Why or why not? Round the regression line values to the nearest hundredth.   A)    =3.53x+37.92; $37,920; Yes, it is reasonable. B)    =3.53x+37.92; $3792; No; it is not reasonable for a representative to travel 0 miles and have a positive amount of sales. C)    =37.92x+3.53; $3792; Yes, it is reasonable. D)    =3.53x+37.92; $37,920; No; it is not reasonable for a representative to travel 0 miles and have a positive amount of sales.


A) A manager wishes to determine the relationship between the number of miles traveled (in hundreds of miles)  by her sales representatives and their amount of sales (in thousands of dollars)  per month. Find the equation of the regression line for the given data. What would be the predicted sales if the sales representative traveled 0 miles? Is this reasonable? Why or why not? Round the regression line values to the nearest hundredth.   A)    =3.53x+37.92; $37,920; Yes, it is reasonable. B)    =3.53x+37.92; $3792; No; it is not reasonable for a representative to travel 0 miles and have a positive amount of sales. C)    =37.92x+3.53; $3792; Yes, it is reasonable. D)    =3.53x+37.92; $37,920; No; it is not reasonable for a representative to travel 0 miles and have a positive amount of sales. =3.53x+37.92; $37,920; Yes, it is reasonable.
B) A manager wishes to determine the relationship between the number of miles traveled (in hundreds of miles)  by her sales representatives and their amount of sales (in thousands of dollars)  per month. Find the equation of the regression line for the given data. What would be the predicted sales if the sales representative traveled 0 miles? Is this reasonable? Why or why not? Round the regression line values to the nearest hundredth.   A)    =3.53x+37.92; $37,920; Yes, it is reasonable. B)    =3.53x+37.92; $3792; No; it is not reasonable for a representative to travel 0 miles and have a positive amount of sales. C)    =37.92x+3.53; $3792; Yes, it is reasonable. D)    =3.53x+37.92; $37,920; No; it is not reasonable for a representative to travel 0 miles and have a positive amount of sales. =3.53x+37.92; $3792; No; it is not reasonable for a representative to travel 0 miles and have a positive amount of sales.
C) A manager wishes to determine the relationship between the number of miles traveled (in hundreds of miles)  by her sales representatives and their amount of sales (in thousands of dollars)  per month. Find the equation of the regression line for the given data. What would be the predicted sales if the sales representative traveled 0 miles? Is this reasonable? Why or why not? Round the regression line values to the nearest hundredth.   A)    =3.53x+37.92; $37,920; Yes, it is reasonable. B)    =3.53x+37.92; $3792; No; it is not reasonable for a representative to travel 0 miles and have a positive amount of sales. C)    =37.92x+3.53; $3792; Yes, it is reasonable. D)    =3.53x+37.92; $37,920; No; it is not reasonable for a representative to travel 0 miles and have a positive amount of sales. =37.92x+3.53; $3792; Yes, it is reasonable.
D) A manager wishes to determine the relationship between the number of miles traveled (in hundreds of miles)  by her sales representatives and their amount of sales (in thousands of dollars)  per month. Find the equation of the regression line for the given data. What would be the predicted sales if the sales representative traveled 0 miles? Is this reasonable? Why or why not? Round the regression line values to the nearest hundredth.   A)    =3.53x+37.92; $37,920; Yes, it is reasonable. B)    =3.53x+37.92; $3792; No; it is not reasonable for a representative to travel 0 miles and have a positive amount of sales. C)    =37.92x+3.53; $3792; Yes, it is reasonable. D)    =3.53x+37.92; $37,920; No; it is not reasonable for a representative to travel 0 miles and have a positive amount of sales. =3.53x+37.92; $37,920; No; it is not reasonable for a representative to travel 0 miles and have a positive amount of sales.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions