What would be the approximate value of the coefficient of correlation between advertising and sales where a company advertises a

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2 years ago

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What would be the approximate value of the coefficient of correlation between advertising and sales where a company advertises a

ggressively as an alternative to temporaryworker layoffs and cuts off advertising when incoming jobs are on backorder?a.1.0b.0c.–1.0d.–100

Business

1 answer:

Georgia [21] · Answer 1 · 2022-03-17T12:58:52+03:00

Answer: -100

Explanation: Advertising and Sales gives 100 Percent , since there workers being laid off and advertising budget being cutoff as now definitely the coefficient correlation would be negative because the variables to work effectively have been removed by the organization.