Essay
Sales and Experience
The general manager of a chain of department stores believes that experience is the most important factor in determining the level of success of a salesperson. To examine this belief she records last month's sales (in $1,000s) and the years of experience of 10 randomly selected salespeople. These data are listed below.
-{Sales and Experience Narrative} Do the tests of ρ and β1 in the previous two questions provide the same results? Explain.
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