Linear regression model indicates

Assignment Help Operation Management

Reference no: EM131114613

A linear regression model indicates that there is a high correlation between percentage of unemployment in certain area, and the demand for a certain product. If correlation is coefficient is -0.843 , which of the following is true ? a. As unemployment rate declines, sales decline b. As unemployment rate increases, sales decline, c. As sales increase, unemployment increases d. The relationship between sales and unemployment cannot be determined

Reference no: EM131114613

Questions Cloud

What are the essential elements of communication : Communication is an essential element in organizational building and development. What are the essential elements of communication

Cost containment is very prevalent in organizations : Cost Containment per Textbook. Cost containment is very prevalent in organizations today. What is the biggest cost-containment strategy in recent years, according to your textbook? Christian Worldview. How could an employer integrate the concept of b..

Discuss the various types of users or customers : HRIS Implementation Challenges Actions for HRIS Implementation Challenges If you owned a company today, please discuss some of the challenges that you would experience with HRIS. Please discuss challenges within the different phases. Discuss the vari..

Extreme programming at sabre extreme programming : Extreme Programming at Sabre eXtreme programming (XP) was first introduced by Kent Beck when he was the project leader on a large, long-term project to rewrite Chrysler Corporation"s payroll system. He later outlined this development methodology in a..

Linear regression model indicates : A linear regression model indicates that there is a high correlation between percentage of unemployment in certain area, and the demand for a certain product. If correlation is coefficient is -0.843 , which of the following is true ?

Describe the characteristics of an effective leader : Describe the characteristics of an effective leader in each of the following cases and how does communication play a major role in each way a business is run: (a) the business is located in California but the manager of your department lives in New Y..

Design and manufacturing of plastic containers : Delta Plastics, Inc. Specialized in the design and manufacturing of plastic containers, primarily for kitchen and Household use. Their products were sold though merchandise retailers and were recognized for high quality. Delta also had an active R&D ..

Commonly held myths about affirmative action : One of the commonly held myths about affirmative action is

Describe how expert system could be used in another business : Pay particular attention to the portion of the text on expert systems. Could this tool be applied to the job that you do? Describe how an expert system could be integrated into your work environment either with your job or another job. If your work e..

User Account

All Pages