This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A regression analysis between sales (Y in $1000) and advertising (X in dollars) resulted in the ... (Read 69 times)

bryantpr01

  • Full Member
  • ***
  • Posts: 166
on: Mar 25, 2023

A regression analysis between sales (Y in $1000) and advertising (X in dollars) resulted in the following equation

= 30,000 + 4 X

The above equation implies that an


◦

increase of $4 in advertising is associated with an increase of $4,000 in sales


◦

increase of $1 in advertising is associated with an increase of $4 in sales


◦

increase of $1 in advertising is associated with an increase of $34,000 in sales


◦

increase of $1 in advertising is associated with an increase of $4,000 in sales

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by bryantpr01 on Mar 25, 2023

jacquelyngibson

  • Full Member
  • ***
  • Posts: 161
Reply #1 on: Mar 25, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


bryantpr01

  • Member
  • Posts: 166
Reply 2 on: Mar 25, 2023
Wow, this really help

DylanD1323

  • Member
  • Posts: 314
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Evaluation of a child for cystic fibrosis with a sweat chloride test. Sweat is being collected under Evaluation of a child for cystic fibrosis with a sweat chloride test. Sweat is being collected under
Is the self the same as the brain? Materialists contend that in the final analysis, mental states ... Is the self the same as the brain? Materialists contend that in the final analysis, mental states ...
Perspective analysis of Duccio, Annunciation of the Death of the Virgin, from the Maestà ... Perspective analysis of Duccio, Annunciation of the Death of the Virgin, from the Maestà ...
Frequency Analysis of Letters Used in the English Language Frequency Analysis of Letters Used in the English Language
The steps in the process of creating a karyotype for chromosome analysis. The steps in the process of creating a karyotype for chromosome analysis.
Northern blot analysis of dfmr1 gene expression in Drosophila ovaries and embryos Northern blot analysis of dfmr1 gene expression in Drosophila ovaries and embryos
Video: Introduction to Insulin

For a complete list of videos, visit our video library