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Suppose That the Relationship Between Sales (Y, in $000) and Number

Question 59

Multiple Choice

Suppose that the relationship between sales (Y, in $000) and number of salespeople (X) is represented by the following regression equation:

Y = 105.2 + 35.8X

-Refer to Exhibit 13.3. What will average sales be equal to when 10 salespeople are used?


A) $358,000
B) $463.20
C) $358.00
D) $463,200
E) More information is needed to answer this question.

Correct Answer:

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