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The Mabuhay Life Insurance Company sells an insurance plan with an investment option. Mr Jude Santos, a newly promoted national sales manager shared a presentation
The Mabuhay Life Insurance Company sells an insurance plan with an investment option. Mr Jude Santos, a newly promoted national sales manager shared a presentation in a national convention about the importance of making that extra client call each day to increase sales. Mr Santos gathered information on the relationship between the number sales calls and the number of insurance sold. He randomly selected a sample of 30 agents and calculated the correlation coefficient to be 0.759. Based on the result, which of the following conclusions is NOT appropriate? A. There is a strong positive relationship between the number of sales calls and the number of insurance sold. B. An increase in the number of client calls will more likely result in an increase in sales. C. For every extra client call per day another insurance plan will be sold. D. 57.6 percent of the variation in the number of insurance sold can be explained by the variation in the number of sales calls
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