Answer:
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Step-by-step explanation:
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They are both equal to below zero
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.
72 is 15% of 480. if you divide 72 by 480 it gives you .15 and then you mutiply the .15 by 100
