Multiple Choice
A company using regression analysis to correlate income to a variety of sales indicators found that the relationship between the number of sales managers in a territory and net income for the territory had a correlation coefficient of -1. Which is the best description of this situation?
A) More sales managers should be hired.
B) Imperfect negative correlation.
C) Perfect inverse correlation.
D) There is no correlation at all.
Correct Answer:

Verified
Correct Answer:
Verified
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