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MQQuestion 1: Reynolds Inc. is a manufacturer of industrial scales and laboratory equipment. Managers At Reynolds want to investigate the relationship between length of employment
MQQuestion 1: Reynolds Inc. is a manufacturer of industrial scales and laboratory equipment. Managers At Reynolds want to investigate the relationship between length of employment of their salespeople and the number of electronic laboratory scales sold. There are 15 salespeople who were randomly selected for this investigation. Fig A Scatter Chart for the Reynolds . 400 350 300 250 200 150 Scales Sold 0 20 40 60 80 100 Months Employed MEIQuestion 2: Tyler Personal Care conducted a regression study for one of its new shampoo products. The two factors believed to have the most inuence on sales are null selling price ad advertising expenditure. ' To investigate the effects of these two variables on sales. prices of $2.00. 82.50. and 33.00 were paired with advertising expenditures of $50.000 and $100,000 11134 test iilarkets. Manama-mm] '2\" 2.00 2.5!! 3.1]! Selling Price [5|
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