This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A regression analysis between sales (Y in $1000) and advertising (X in dollars) resulted in the ... (Read 130 times)

bryantpr01

  • Full Member
  • ***
  • Posts: 166
on: Mar 25, 2023

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

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by bryantpr01 on Mar 25, 2023

jacquelyngibson

  • Full Member
  • ***
  • Posts: 161
Reply #1 on: Mar 25, 2023
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.
Answer Preview
Only 25% of students answer this correctly


bryantpr01

  • Member
  • Posts: 166
Reply 2 on: Mar 25, 2023
Gracias!

brbarasa

  • Member
  • Posts: 308
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

GENETIC ANALYSIS GENETIC ANALYSIS
GENETIC ANALYSIS GENETIC ANALYSIS
GENETIC ANALYSIS 15.1 (3 of 5) GENETIC ANALYSIS 15.1 (3 of 5)
R-loop experimental analysis R-loop experimental analysis
QTL Analysis of Tomato Weight in Backcross Progeny QTL Analysis of Tomato Weight in Backcross Progeny
Genetic interactions identified through synthetic lethal analysis Genetic interactions identified through synthetic lethal analysis
Video: Homeostasis (range of body conditions, normal limits, mild stresses & severe stresses)

For a complete list of videos, visit our video library