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Author Question: Super Cola sales breakdown as 80 regular soda and 20 diet soda. While 60 of the regular soda is ... (Read 252 times)

roselinechinyere27m

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on: Jun 24, 2018
Super Cola sales breakdown as 80 regular soda and 20 diet soda. While 60 of the regular soda is purchased by men, only 30 of the diet soda is purchased by men. If a woman purchases Super Cola, what is the probability that it is a diet soda?

Question 2

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
 a. increase of 4 in advertising is associated with an increase of 4,000 in sales
  b. increase of 1 in advertising is associated with an increase of 4 in sales
  c. increase of 1 in advertising is associated with an increase of 34,000 in sales
  d. increase of 1 in advertising is associated with an increase of 4,000 in sales


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Ashley I

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Reply #1 on: Jun 24, 2018
Answer to Question 1

0.30435

Answer to Question 2

D


roselinechinyere27m

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

parker125

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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