document.write( "Question 868090: I am lost on this question. Thanks for all of your help!\r
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document.write( "Company A is a microcomputer producer. The following data represents Company A’s yearly sales volume and its advertising expenditures over a period of 8 years. Sales in millions of dollars and advertising is in $10,000. \r
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document.write( "1993 15 32
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document.write( "1994 16 33
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document.write( "1995 18 35
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document.write( "1996 17 34
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document.write( "1997 16 36
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document.write( "1998 16 36
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document.write( "1999 19 39
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document.write( "2000 24 42 \r
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document.write( "Using the method of least squares, what is the estimated regression line between sales and adverting, and the predicted sales in dollars, with an advertising expenditure of $400K actual dollars as scaled to 40. \r
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document.write( "a. Sales=-10.4211 =.7895 Advertising: Sales $315,790
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document.write( "b. Advertising= 16.7143 + 1.0714 Sales: Sales $59.57 Million
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document.write( "c. Sales=.7895 + 10.421 Advertising: Sales $416.63 Million
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document.write( "d. Sales= -10.4211 + .7895 Advertising: Sales= $21.16 Million
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document.write( "e. None of the Above
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Algebra.Com's Answer #523353 by ewatrrr(24785)![]() ![]() You can put this solution on YOUR website! Excel Scatter Plot Results \n" ); document.write( " |