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:
Step-by-step explanation:
Simplifying
x = 8 + 3y
Answer:
The answer would be $5.5
Step-by-step explanation:
First, multiply $0.12 by 25 to get $3. Add the $3 to $2.50 to get your answer of $5.5
m and 125º are supplementary angles:
m + 125º = 180º
m = 180º <span>– 125º
</span>m = 5<span>5º <</span>——<span>— this is the answer.
I hope this helps. =)
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Answer:
true
Step-by-step explanation:
baaaaam
