« previous next »

Author Question: A regression analysis between sales (Y) and advertising (X) (both in dollars) resulted in the ... (Read 211 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?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Hillig and Mahlberg's analysis of secondary metabolites in the genus Cannabis Hillig and Mahlberg's analysis of secondary metabolites in the genus Cannabis
Much time and effort occurs between the development of a research idea and the statistical analysis Much time and effort occurs between the development of a research idea and the statistical analysis
Validation of the genetic code by amino acid sequence analysis of T4 phage lysozyme mutants Validation of the genetic code by amino acid sequence analysis of T4 phage lysozyme mutants
Table - Analysis Table - Analysis
Bayesian Analysis of the Genotype of II-2 in Figure A.4 Bayesian Analysis of the Genotype of II-2 in Figure A.4
GENETIC ANALYSIS GENETIC ANALYSIS
Video: Dietary Cholesterol & LDL

For a complete list of videos, visit our video library