Answer:
Sales are expected to increase positively.
Step-by-step explanation:
The model is y =7-3*X1+5*X2
Here, y is the depended variable and X1 and X2 are independent variable.
Holding the unit price constant X2 (television advertisement) is increase by $1 dollar
SSR= 3500
SSE=1500
So, TSS = SSR+SSE = (3500+1500) = 5000
Now r^2= 1 - (SSR/TSS) = 1 - (3,500/5,000) = 1 - 0.70 = 0.30
So, the sample correlation coefficient (r) = (0.3)^(1/2) = 0.547
We can conclude that sample correlation indicates a strong positive relationship.
Answer:
y=10x-15
Step-by-step explanation:
with the points given you know x=2 and y=5
make a new point called (x,y)
now use the formula (y-5)/(x-2)=10 (10 being the gradient)
y-5 = 10(x-2)
y-5=10x-20
add 5 to both sides
y-5+5=10x-20+5
y=10x-15
Ok so the first thing to do would be get rid of the fraction. To do that multiply the ENTIRE equation but the denominator. Once all the numbers are multiplyed I think it’ll be easier for u to solve them :) or if u wanna solve them quick, download Photomath :)
two points are (0,0) and (100, -800)
m = (y2-y1)/(x2-x1) = (-800-0)/(100-0) = -8
point slope form of the line is
y-y1 = m(x-x1)
y-0 = -8 (x-0)
y=-8x
this is in slope intercept form now
y=-8x
