A pharmaceutical firm before regularizing its services by medical representatives conducts a test about the product...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
A pharmaceutical firm before regularizing its services by medical representatives conducts a test about the product knowledge. The following data give the test score and the sales made by ten representatives during the training period Test 34 score sales 61 Required; i. 39 44 41 66 78 67 48 80 42 75 35 63 40 39 45 71 69 76 Calculate the coefficient of correlation between the test score [6 marks] [4 marks] [2 marks] and sales. ii. Determine the regression of test score on sales. Determine the sales for a test score of 50. iii. b) A card is drawn from a well-shuffled pack of playing cards. probability that the card drawn is either a club or a king. Find the [3 marks] A pharmaceutical firm before regularizing its services by medical representatives conducts a test about the product knowledge. The following data give the test score and the sales made by ten representatives during the training period Test 34 score sales 61 Required; i. 39 44 41 66 78 67 48 80 42 75 35 63 40 39 45 71 69 76 Calculate the coefficient of correlation between the test score [6 marks] [4 marks] [2 marks] and sales. ii. Determine the regression of test score on sales. Determine the sales for a test score of 50. iii. b) A card is drawn from a well-shuffled pack of playing cards. probability that the card drawn is either a club or a king. Find the [3 marks]
Expert Answer:
Answer rating: 100% (QA)
The detailed answer for the above question is provided below a i The coefficient of correlation betw... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
Students also viewed these finance questions
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
A researcher wanted to find out if there was difference between older movie goers and younger movie goers with respect to their estimates of a successful actors income. The researcher first...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1 and 2. On September 1, Irene opened a retail store that specializes in sports car...
-
In buck-boost converter, the duty ratio is adjusted to regulate the output voltage Vo at 30 V. The input voltage varies in a wide range from 30 to 50 V. The output power is 100 W. The inductor L =...
-
Show (a) (AB)t = Bt At (b) (AB)-1 = B1 A1
-
Wayne Ulrich had lived his whole life on his family farm. His only relatives were his brother, Raymond (who lived on the farm next door) and Raymonds two adult daughters and their children. Wayne saw...
-
Accountants understand their jobs very well. Programmers also understand their jobs. Unfortunately, accountants are rarely programmers and programmers are rarely accountants. While an accountant does...
-
Compare and contrast the four major types of marketing channels for consumer products. Through which type of channel is each of the following products most likely to be distributed? a. New...
-
Evaluate the integral below by interpreting it in terms of areas in the figure. y=f(x) A1 A3 The areas of the labeled regions are 10 3 15 222 A2 A1=6, A2=4, A3=1 and A4=1 7 V = V = 2f(x) dx 7 A4...
-
Dwight Donovan, the president of Donovan Enterprises, is considering two investment opportunities. Because of limited resources, he will be able to invest in only one of them. Project A is to...
-
WW 302 - COUNTING TECHNIQUES_Part 2 I. Show solutions. Final answers must be in whole numbers or fractions in lowest terms only. A. Evaluate: 1. 4! 2. 6! - 5! 3. (18-12)! 4. 9!/6! 5. 4!2! / 3! B....
-
Which of the following statements best explains why the CPA profession has found it essential to promulgate ethical standards and to establish means for en- suring their observance? a. Vigorous...
-
Which of the following would not be a source of information about risk of a po- tential new audit client? a. The previous auditor b. Management c. The Internet d. The new auditor's permanent file
-
A renters' organization claims that the median square footage of renter-occupied units is 1000 square feet. You randomly select 22 renter-occupied units and obtain the results shown above. At...
-
4-41 An external auditor is interested in whether a company has implemented an ef- fective ERM because: a. It reduces the likelihood that an organization will fail. b. It provides a framework for the...
-
Which of the following is the broader concept? a. Audits of financial statements b. Internal control audit c. Assurance services d. Attestation services
-
. On January 1, 2023, AMI Corporation purchased the non-cash net assets of Monty Ltd. for $8,344,400. Following is the statement of financial position of Monty Ltd. from the company's year-end the...
-
Determine the resultant moment produced by the forces about point O. 0.25 m 0.125 m, 0 0.3 m- 60 F = 500 N F = 600 N
-
Quince Corporation has taxable income of $450,000 for its 2012 calendar tax year. Calculate the corporation's income tax liability for 2012 before tax credits. $_________
-
For each of the following cases, indicate the filing status for the taxpayer(s) for 2012 using the following legend: A - Single B - Married, filing a joint return C - Married, filing separate returns...
-
Tom has a successful business with $100,000 of income in 2012. He purchases one new asset in 2012, a new machine which is 7-year MACRS property and costs $25,000. If you are Tom's tax advisor, how...
-
The following are extracts from the financial statements of Heidelberger Druckmaschinen AG showing the accounting policy and detailed notes regarding the provision of pensions according to IAS 19. As...
-
Kathryn Kathryn plc, a listed company, provides a defined benefit pension for its staff, the details of which are given below. Pension scheme As at the 30 April 2004, actuaries valued the companys...
-
Explain clearly how advance corporation tax arose and its effect on the profit and loss account and the year-end balance sheet figures. (Use a simple example to illustrate.)
Study smarter with the SolutionInn App