A small Internet company wants to determine how the money they spend on Google Adwords ...
A small Internet company wants to determine how the money they spend on Google Adwords impacts their monthly revenue. Over 6 consecutive months, they vary the amount they spend on their Adwords campaign (in $) and record the associated revenue (in $) for each month. The data is shown below. Adwords Revenue 50 439 75 501 100 514 125 585 150 440 175 589 1)Develop a regression equation for predicting monthly revenue based on the amount spent with Adwords. What is the y-intercept? Give your answer to two decimal places. 2)What is the sample correlation between these two variables? Give your answer to two decimal places. 3)What is the slope of your regression equation? Give your answer to two decimal places.
8 years ago
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