HELPPPPPP The scatter plot shows a regression line of advertising dollars spent and sales. If the company were to spend $350,000
on advertising, what would be the predicted sales? A) $105 million B) $110 million C) $115 million D) $120 million
2 answers:
Answer:
<h2>D) $120 million</h2>Step-by-step explanation:
The scatter plot is attached. There you can match the value assigned to $350,000.
Using a red line, we find that the answer is between 115 and 125, closer 125 than 115.
So, if you look all choices, there are two possibilities, C and D. However, $115 million can't be the right answer because our graphic approximation is closer to 125.
Therefore, the right answer is D) $120 million.
If the company were to spend $350,000 on advertising, the predicted sales would be $120 million.
You might be interested in
Answer:
Step-by-step explanation:
We can simplify (cross multiply) to get
Then we easily simplify to get