Question 5.26 (pg. 234)
(a) If a particular salesperson is 2 standard deviations above the mean in terms of experience, what would you predict for that person's annual sales?
(b) If a particular person whose sales experience is 1.5 standard deviations below the average experience is predicted to have an annual sales value that is 1 standard deviation below the average annual sales, what is the value of r?
(a) If a particular salesperson is 2 standard deviations above the mean in terms of experience, what would you predict for that person's annual sales?
(b) If a particular person whose sales experience is 1.5 standard deviations below the average experience is predicted to have an annual sales value that is 1 standard deviation below the average annual sales, what is the value of r?