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Author Question: A regression analysis of company profits and the amount of money the company spent on advertising ... (Read 105 times)

xroflmao

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A regression analysis of company profits and the amount of money the company spent on advertising found r2 = 0.72.  Which of these is true?
I.   The model can correctly predict the profit for 72% of companies.
II.  On average, about 72% of a company's profit results from advertising.
III. On average, companies spend about 72% of their profits on advertising.
◦ III only
◦ I only
◦ I and III
◦ II only
◦ none


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Marked as best answer by xroflmao on Aug 31, 2019

Zack0mack0101@yahoo.com

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