A company is interested in knowing which the potential sales are next year if you use $ 20,000 in advertising expenses ...
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A company is interested in knowing which the potential sales are next year if you use $ 20,000 in advertising expenses. The company uses the information from previous years to make its sales forecast. The data are: Year Sales Advertising $000 $ 000 1 15 2 2 25 3 3 45 3 4 95 5 5 130 8 6 180 9 7 240 12 8 300 14 Develop Regression graph for this problem.
8 years ago
R = 0.993593683 R^2 = 0.987228407 Slope = 23.17857143 ...
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- Acompanyisinterestedinknowingthepotentialsales.xls