Compute coefficient of correlation between sales and payroll

Reference no: EM13827583

The Tons of Fun Hobby Company general manager is told she can use sales and payroll data to do an estimated regression equation and forecast sales for next year. Compute the coefficient of correlation between sales and payroll, and what does the resulting number tell you?

Reference no: EM13827583

Questions Cloud

Characteristics of contingent liabilities : Contingent Liabilities must have the following criteria - select all that apply.

Explain in a comprehensive manner starting anevent managemet : Explain in a comprehensive manner the prospects of starting an Event Managemen

Calculate dont fall down warranty expense : Calculate Dont Fall Down's warranty expense for 2012. How much did Dont Fall Down pay during the year to repair and or replace goods under warranty?

How esponsibilities and purpose of relationship are clarify : The question is related to Sociology and it is explains about the roles, responsibilities and the purpose of relationship being clarified in social work.

Compute coefficient of correlation between sales and payroll : The Tons of Fun Hobby Company general manager is told she can use sales and payroll data to do an estimated regression equation and forecast sales for next year. Compute the coefficient of correlation between sales and payroll, and what does the r..

Calculation of net operating assets for a company : The 2012 balance sheet of Matlack Inc., Inc. shows total assets of $13,430,622 thousand, operating assets of $12,166,473 thousand, operating liabilities of $4,370,229 thousand, and shareholders' equity of $7,022,213 thousand. Matlack Inc.' 2012 ne..

How can price negotiation be used as a means for effective : How can price negotiation be used as a means for effective customer relationship

The acceleration of a particle is given by the equation : The acceleration of a particle is given by the equation: A = 2 x t. If V = 8 m / s at t = 1 and s = 12m at t = 1 sec

Describe an algorithm whose input is a matrix : Describe an algorithm whose input is a matrix, and whose output is its reduced row echelon form. (Describe the algorithm in plain English. Note that the existence of such an algorithm implies that any matrix can be put in reduced row echelon form aft..

User Account

All Pages