Business

Monkey

21 September, 09:56

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 38. Refer to Exhibit 13.3. What will be the average contribution to sales of one additional salesperson?

+2

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “Suppose that the relationship between sales (Y, in $000) and number of salespeople (X) is represented by the following regression equation: ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.

Search for Other Answers

You Might be Interested in

Definition of diverse nation

Cafe x bought 20,000 cups for $1,400 when they opened for business last month. At the end of the month they had 8,000 cups left. How much did the cups add to cost of goods sold (cogs) for the month?

Read the paragraph. north run high school hosts a wide variety of clubs. some clubs are academic, such as the debate club, foreign-language clubs, and the chess team. other clubs are service-oriented, such as the key club.

8. If you were old enough to get a credit card but unable to get one because you didn't have enough of a credit history, which of the alternate options for establishing credit would you prefer to use? Why? (2-4 sentences)

Puff Co. acquired 40% of Straw, Inc.'s voting common stock on January 2, Year 1, for $400,000. The carrying amount of Straw's net assets at the purchase date totaled $900,000.

New Questions in Business

The following computations were made from Clay Co.'s current-year-end books:Number of days' sales in inventory 61Number of days' sales in trade accounts receivable 33What was the number of days in Clay's current-year operating cycle? A. 33B. 47C.

Assume that markup is based on selling price. Find the dollar markup and percent of markup on selling price. (Round your answers to 2 decimal places. Omit the "$" and "%" signs in your response.)

Arthur pays tax of $5,000 on taxable income of $50,000 while taxpayer barbara pays tax of $12,000 on $120,000. the tax is a progressive tax. proportional tax. regressive tax. none of the above.

What are each individual's opportunity costs of producing fish and rabbit? Which person has an absolute advantage in producing fish and rabbit? Which person has a comparative advantage in producing fish and rabbit?

Suppose you decided to open a copy store. You rent store space (signing a one year lease), and you take out a loan at the local bank and use the money to purchase 10 copiers.