Clearwater Electronics is revising its strategic HR plan and comparing employment needs to the level of sales. The company has recently seen a 30 percent increase in sales, and the salespeople say that they anticipate an increase soon of 70 percent. However, the HR director, who oversees the HR planning process, does not believe the company will need to hire 70 percent more employees to meet the projected sales numbers. How can a simple linear regression, as part of the HR planning process, help the HR director make a more accurate determination of projected staffing needs? O A simple linear regression will help the HR director by showing a positive linear relationship between employment, sales, and production. O A simple linear regression will help the HR director by comparing all parameters of the relationship between sales and other functions of the business. O A simple linear regression will help the HR director by looking at the cause-and-effect relationship between sales and employees' production. O A simple linear regression will help the HR director by correlating the relationship between past staffing needs and sales to determine the number of employees to hire.
Clearwater Electronics is revising its strategic HR plan and comparing employment needs to the level of sales. The company has recently seen a 30 percent increase in sales, and the salespeople say that they anticipate an increase soon of 70 percent. However, the HR director, who oversees the HR planning process, does not believe the company will need to hire 70 percent more employees to meet the projected sales numbers. How can a simple linear regression, as part of the HR planning process, help the HR director make a more accurate determination of projected staffing needs? O A simple linear regression will help the HR director by showing a positive linear relationship between employment, sales, and production. O A simple linear regression will help the HR director by comparing all parameters of the relationship between sales and other functions of the business. O A simple linear regression will help the HR director by looking at the cause-and-effect relationship between sales and employees' production. O A simple linear regression will help the HR director by correlating the relationship between past staffing needs and sales to determine the number of employees to hire.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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