Answer:
(A) For each additional hundred dollars spent on advertising, sales are predicted to increase by $2,380.
Step-by-step explanation:
Regression isa statistical equation, denoting relationship between independent (causal) variable(s) & dependent (effected) variable.
y = a <u>+</u> bx
where y = dependent variable, x = dependent variable, a (intercept) = autonomous value of y, b (slope) = change in y due to change in x
Regression equation of independent variable (x) as advertising expenditure & dependent variable (y) sales : y = 24.45 + 2.38x
Sales are in thousands of dollars, advertising expenditure is in hundreds of dollars. So, the interpretations are :
- Intercept interpretation : When there is zero advertising expenditure, sales are 24.45 thousands i.e $24450
- Slope Interpretation :<u> When advertisement expenditure change (rise) by 1 hundred, sales change (rise) by 2.38 thousand i.e</u><u> </u><u>$2380</u>
Answer:
<h2><u><em>withdraw</em></u></h2>
Step-by-step explanation:
<h2>
<u>Can u gimme brain plz?</u></h2>
Answer:
n how many ways can a president, vice president, and a secretary be chosen? It is 12X11X10. Permutation of n things taken r at a time: nPr=n!/(n-r)! 12P3=12*11*10*9!/9!= 12*11*10=1320 ways.
Step-by-step explanation:
N is greater than or equal to -10
(4+10)*6/2. If it’s the area then it’s this. Make sure you put the 4 and 10 in brackets
