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: $3.68
Step-by-step explanation:
22.10 divided by 6 is 3.6833333 repeating. round it to $3.68
<h3>
Answer: 2/5</h3>
This is because there are 20 women out of 50 people total (30+20 = 50).
So 20/50 = 2/5
This converts to the decimal form 0.4 and the percentage form 40%
Answer:
hour= 1.25
MINUTES ANSWER= 75 minutes
Step-by-step explanation:
hope that helps>3
