Compute the correlation coefficient for the data

Assignment Help Operation Management
Reference no: EM131919444

The president of a company was interested in determining whether there is a correlation between sales made by difference sales teams and hour spent on employee training.

Compute the correlation coefficient for the data. The correlation coefficient is What is your interpretation of this value?

Using the data, what would you expect sales to be training was increased to eighteen hours?

Use the linear regression model.

Reference no: EM131919444

Questions Cloud

Prepare a comparison t chart that lists the hardships : Prepare a comparison T chart that lists the hardships of the people of the 1930s who were affected by the Dust Bowl.
Why might country that is more productive in producing wheat : Why might a country that is more productive in producing wheat than its trading partners end up importing wheat?
Discuss about the risk mitigation with supply chain : The presentations are designed to display the students learning competencies from the course chapters.
What will happen to demand-shift right shift left no shift : What will happen to demand-shift right, shift left, no shift? What will happen to the short-run supply curve-increase, decrease, or no change?
Compute the correlation coefficient for the data : Compute the correlation coefficient for the data. The correlation coefficient is What is your interpretation of this value?
Calculate the? reps efficiency for each customer : Precision Machinery has set standard times for its field representatives to perform certain jobs.
Draw the new short-run supply curve after the market adjusts : Draw the new short-run supply curve after the market adjusts and returns to long-run equilibrium. Draw the long-run supply curve.
Why do you expect the long-run equilibrium price to increase : If the increase in demand for curling stones persists, do you expect the long-run equilibrium price to increase, decrease, or stay the same?
How disney is responding to its external environment : Prepare EFE and CPM matrixes for Disney's Parks and Resorts division. Use Universal Studios and Six Flags for competitors in the CPM.

Reviews

Write a Review

Operation Management Questions & Answers

  Make running a media and merchandise business

What SITUATIONAL factors might make running a media and merchandise business quite different from running a metal recycling company?

  Constraints on the amounts of each material available

The RMC Corporation blends three raw materials to produce two products: a fuel additive and a solvent base. Each ton of fuel additive is a mixture of 2/5 ton of material 1 and 3/5 ton of material 3. A ton of solvent base is a mixture of 1⁄2 ton of ma..

  What average level of pending loans that is open loans can

oregon great bank specialized in auto loans. the management of its loan department is preparing hiring plans for the

  Market focus help business create competitive adavantage

How does market focus help a business create competitive adavantage? What risks accompany such a posture? Do you think it is better to concentrate on one source of competitive advantage ( cost versus differentiation versus speed)?

  Inter-relationships with the business strategy

What are the key drivers of the supply chain performance and what are their inter-relationships with the business strategy and functions of the company?

  Many companies have implemented health cost savings ideas

Many companies have implemented health cost savings ideas such as dropping employee spouse coverage adding surcharges for persons who refuse to accept wellness

  Create pivot table in new worksheet called data analysis

Create a pivot table in a new worksheet called “Data Analysis”. Make the background the same Tan color (there is a trick to this that involves a new worksheet and come cutting and pasting) Change the view of the Pivot table to be “Classic Pivot Table..

  Provide comparable delivery services at lower cost

In January 2012, Courier a delivery company, and, Furniture Co, a manufacturer of furniture, negotiated an agreement under which Courier promised to provide for three years all the delivery services required by Furniture Co in exchange for monthly pa..

  Raised concerns over transport capacity and infrastructure

An increasing number of editorials in newspapers and magazines have raised concerns over transport capacity and infrastructure. For some examples, read: “Long-Term Investment Ensures American Infrastructure is ‘Built For It’” “Transportation Secretar..

  Sale of goods is an important part of many businesses

Sale of Goods is an important part of many businesses. What are the dangers involved with sale of a product?

  Write an essay on quality of healthcare

Organizational culture plays an important part when creating teams for change. Organizational culture encompasses the values, beliefs, assumptions, myths, norms, goals and visions that are shared throughout an organization (Sollecito and Johnson,..

  Metal stampings to ensure a quality product

You have been assigned to a corporate cross-functional team tasked with finding the best supplier of metal stampings to ensure a quality product.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd