« previous next »

Author Question: A regression analysis between sales (Y) and advertising (X) (both in dollars) resulted in the ... (Read 50 times)

Shelles

  • Hero Member
  • *****
  • Posts: 582
on: Jun 24, 2018
A regression analysis between sales (Y) and advertising (X) (both in dollars) resulted in the following equation:y= 100 + 2000XThe above equation implies that an
 
  A) increase of 1 in advertising is correlated with an increase of 2,000 in sales.
  B) increase of 1 in advertising is correlated with an increase of 2 in sales.
  C) increase of 1 in advertising is correlated with an increase of 100 in sales.
  D) increase of 1 in advertising is correlated with an increase of 2100 in sales.

Question 2

In a recent meeting, the sales manager for a drug company stated that she needed to have a forecast prepared for each week for the next six weeks. The week in this case is the:
 
  A) forecasting horizon.
  B) forecasting period.
  C) planning time.
  D) forecasting interval.


cici

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

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?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Perspective analysis of Leonardo da Vinci, The Last Supper. Perspective analysis of Leonardo da Vinci, The Last Supper.
A latex agglutination reaction. This is an analysis for rheumatoid factor. Immunoglobulin is bound ... A latex agglutination reaction. This is an analysis for rheumatoid factor. Immunoglobulin is bound ...
Experimental Analysis of Metabolism Experimental Analysis of Metabolism
GENETIC ANALYSIS GENETIC ANALYSIS
GENETIC ANALYSIS 15.1 (2 of 5) GENETIC ANALYSIS 15.1 (2 of 5)
Morgan’s analysis of genetic linkage of X-linked genes for eye color Morgan’s analysis of genetic linkage of X-linked genes for eye color
Video: Atrial natriuretic peptide (vasodilation) & Aldosterone

For a complete list of videos, visit our video library