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

  Develop a data dictionary for the level zero diagram

The Princeton Pie Place makes pies to order for all occasions. Develop a data dictionary for the level zero diagram in the previous question.

  What is the workstation cycle time required to produce units

Some tasks and the order in which they must be performed according to their assembly requirements are shown in the following table. These are to be combined into worksta­tions to create an assembly line. The assembly line operates 7 1/2 hours per ..

  Analyze the current conditions in your organization industry

Analyze the current conditions in your organization's industry and in its relevant general environment and their likely implications for successful implementation of your organization's strategic goals and related actions. Be sure to address the ..

  Percent improvement in reliability by replacing old system

Calculate the percent improvement in reliability by replacing the old system with the new one.

  How many t-shirts should she produce for the upcoming event

What is the service leven when optimal decision has been made?

  Difference in long-range planning and strategic planning

What is the difference between long-range planning and strategic planning? Explain your answer. Your response should be at least 75 words in length.

  Explain theories for making moral decisions

Critically analyse and discuss the use of consequentialist and nonconsequentialist theories for making moral decisions in an organisational context. In answering the above question you should consider the practical application of the theories and ..

  Create at least one-high-level objective for functional

A manufacturing company must decide whether to manufacture a component part or purchase the component from a supplier. The resulting profit depends on the demand for the product. Demand can be Low, Medium or High.  What is the optimum decision under ..

  E-commerce and globalization

Consider the organization you selected for Module 1 (Wal-Mart). Integrate the concepts and operations management principles that you've been studying in this module and turn in your one to two page paper addressing the following questions :

  Describe the layout of a typical fast-food franchise

Describe the layout of a typical fast-food franchise such as McDonald’s. What type of layout is it? How does it support productivity? Do different franchises (e.g., Burger King or Wendy’s) have different types of layouts? Why?

  Reduce resistance to system change-ERP implementation plans

What are some of the effective tools you may use to reduce resistance to system change and increase awareness of your ERP implementation plans? Share your experience if you have been through a computer system implementation or change before.

  Review the different method of teaching a robot the position

Review the different methods of "teaching" a robot the positions it needs to navigate through to get work done. Outline each in a separate posting.

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