A sales agent brings in $50,000 in revenue during her first year on the job. If the correlation between sales performance in subsequent years is 0.25, and if the mean sales for all agents in both...


A sales agent brings in $50,000 in revenue during her first year on the job. If the correlation between<br>sales performance in subsequent years is 0.25, and if the mean sales for all agents in both years is<br>$100,000<br>in total revenue (with constant variance), how much revenue would the agent be expected to bring in<br>during her second year?<br>O $50,000<br>O $87,500<br>O $100,000<br>O $55,900<br>O $67,250<br>

Extracted text: A sales agent brings in $50,000 in revenue during her first year on the job. If the correlation between sales performance in subsequent years is 0.25, and if the mean sales for all agents in both years is $100,000 in total revenue (with constant variance), how much revenue would the agent be expected to bring in during her second year? O $50,000 O $87,500 O $100,000 O $55,900 O $67,250

Jun 03, 2022
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