If Sally runs 10 ads, how much will sales increase?

What will be an ideal response?


Answer: Cannot say, because 10 it outside the range of values for the independent variable. However, a student using the regression equation may suggest that a sales increase of $230 is reasonable.

Business

You might also like to view...

Which among the following would represent the most attractive market for new investment?

A) typewriters B) printed newspapers C) compact discs D) video game consoles

Business

LIBOR is the acronym for London Interbank Offer Rate, which is an average of interest rates offered by London banks to U.S. corporations.

Answer the following statement true (T) or false (F)

Business

Steve, the vice president of engineering, discusses manufacturing needs with Ella, the vice president of manufacturing. This is an example of vertical communication.

Answer the following statement true (T) or false (F)

Business

When considering an ERP vendor it is important consider the hardware and software infrastructure preferred to support the ERP system

Indicate whether the statement is true or false

Business