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Mathematics Clinic => Statistics => Topic started by: dejastew on Jan 16, 2020

Title: A manager wishes to determine the relationship between the average number of new accounts opened by ...
Post by: dejastew on Jan 16, 2020

A manager wishes to determine the relationship between the average number of new accounts opened by 9 sales representatives (per month) and their sales (in thousands of dollars) per month. Can you conclude that there is a correlation between the new accounts opened and sales generated? Use

Title: A manager wishes to determine the relationship between the average number of new accounts opened by ...
Post by: alexanderhamilton on Jan 16, 2020

critical values ±0.700; test statistic r_s ≈ 0.728; reject H₀; There is enough evidence to conclude that there is significant correlation between new accounts opened and sales generated.