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Author Question: A regression analysis between sales (Y in $1000) and advertising (X in dollars) resulted in the ... (Read 139 times)

bryantpr01

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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



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Marked as best answer by bryantpr01 on Mar 25, 2023

jacquelyngibson

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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.
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bryantpr01

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Reply 2 on: Mar 25, 2023
Great answer, keep it coming :)


Joy Chen

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Reply 3 on: Yesterday
Wow, this really help

 

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