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Elden [556K]
3 years ago
8

When marketing managers looks for a relationship between past sales and one or more independent variables, such as population, p

er capita income, or gross domestic product, they are engaging in
Business
1 answer:
Volgvan3 years ago
5 0

When marketing managers looks for a relationship between past sales and one or more independent variables, such as population, per capita income, or gross domestic product, they are engaging in regression analysis.

<u>Explanation:</u>

An effective mathematical formalism which enables one to analyze the interaction among two or more interest factors is understood as a regression analysis. While there are several forms of regression analysis, they all analyze the effect of one or more independent variables on a dependent variable at their source.

The linear association among two variables is defined using correlation. Regression is then used to match the best line and predict one variable based on another variable. Regression, then, represents the effect on the dependent variable of the unit shift in the independent variable.

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Martin has 5 tickets to Cartoon Characters on Ice. They cost him $16.50 each, plus $2.50 in handling per ticket, and $12 in ship
Monica [59]

Answer:

$107

Explanation:

Total cost = Fixed cost + variable cost

(16.50 + $2.50 ) × 5= $95

$95 +$12 = $107

I hope my answer helps you

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4 years ago
Susan started a cake decorating business that failed. She is convinced that she lacked the necessary funds to promote her busine
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Susan's cake decoration business suffered from Undercapitalization.

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3 years ago
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This is an initiative working habit.
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3 years ago
Quick Connect is an instant messaging mobile application. Users have access to a basic version with limited message recipients f
Nutka1998 [239]

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4 years ago
On what form would you find information regarding itemized closing costs due to other parties, such as tax assessments, recordin
IrinaVladis [17]

Answer:

Closing disclosure form

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