Multiple Choice
Exhibit 20.2 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 20.2.What will be the average contribution to sales of one additional salesperson?
A) $35.80
B) $141,000
C) $35,800
D) $141.00
E) More information is needed to answer this question.
Correct Answer:
Verified
Correct Answer:
Verified
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