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A Company Using Regression Analysis to Correlate Income to a Variety

Question 64

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.

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