38 % of amount is spent on broadcast TV advertising
<em><u>Solution:</u></em>
Given that,
Amount spend on broadcast TV ad = $ 22, 000
Amount spend on cable TV ad = $ 30, 000
Amount spend on radio ad = $ 6000
To find: percentage of broadcast TV advertising
Total amount = $ 22, 000 + $ 30, 000 + $ 6000
Total amount = $ 58000
percentage of broadcast TV advertising =
Thus 38 % of amount is spent on broadcast TV advertising
The best answer from the options that proves that the residual plot shows that the line of best fit is appropriate for the data is: ( Statement 1 ) Yes, because the points have no clear pattern
X Given Predicted Residual value
1 3.5 4.06 -0.56
2 2.3 2.09 0.21
3 1.1 0.12 0.98
4 2.2 -1.85 4.05
5 -4.1 -3.82 -0.28
The residual value is calculated as follows using this formula: ( Given - predicted )
1) ( 3.5 - 4.06 ) = -0.56
2) ( 2.3 - 2.09 ) = 0.21
3) ( 1.1 - 0.12 ) = 0.98
4) (2.2 - (-1.85) = 4.05
5) ( -4.1 - (-3.82) = -0.28
Residual values are the difference between the given values and the predicted values in a given data set and the residual plot is used to represent these values .
attached below is the residual plot of the data set
hence we can conclude from the residual plot attached below that the line of best fit is appropriate for the data because the points have no clear pattern ( i.e. scattered )
learn more about residual plots : brainly.com/question/16821224
