Answer:
# 2 the you are on the right one
Step-by-step explanation:
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:
a
Step-by-step explanation:
Answer:
No
Step-by-step explanation:
For x and y to have a proportional relationship, then
the ratio of k = 
must be equal for all points
(2, 5) → k = 
= 2.5
(3, 7.5) → k = 
= 2.5
(5, 12.5) → k = 
= 2.5
(18, 8) → k = 
= 2.25 ≠ 2.5
k is not equal for all values , hence no proportional relationship exists
