A company collected data on its sales revenue and advertising expenditures for its first eight years in business with the results shown. (Units are in millions of dollars). What is the proportion of variability in sales that is explained by the level of advertising expenditures? 1.6 2.0 2.0 2.2 2.4 2.6 advertising (r) sales (y) 1.4 1.6 180 184 190 220 186 215 205 240 I= 1.975 j 202.5 SS. = 1.235 SS.y 51.9 SSyy 3152
A company collected data on its sales revenue and advertising expenditures for its first eight years in business with the results shown. (Units are in millions of dollars). What is the proportion of variability in sales that is explained by the level of advertising expenditures? 1.6 2.0 2.0 2.2 2.4 2.6 advertising (r) sales (y) 1.4 1.6 180 184 190 220 186 215 205 240 I= 1.975 j 202.5 SS. = 1.235 SS.y 51.9 SSyy 3152
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
![A company collected data on its sales revenue and advertising expenditures for its first eight years in
business with the results shown. (Units are in millions of dollars). What is the proportion of
variability in sales that is explained by the level of advertising expenditures?
1.4
1.6
1.6
2.0
2.0
2.2
2.4
2.6
advertising (x)
sales (y)
180
184
190
220
186
215
205
240
202.5
SS..= 1.235 SS.,= 51.9 SS, = 3152
I= 1.975
0.692
O 0.832
O 1.0
O 0.016](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fea9ac6d4-20be-45fb-b2a2-8b6083833f68%2F7e5737c6-4116-4ce3-a647-089246dacf63%2F01746d9_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A company collected data on its sales revenue and advertising expenditures for its first eight years in
business with the results shown. (Units are in millions of dollars). What is the proportion of
variability in sales that is explained by the level of advertising expenditures?
1.4
1.6
1.6
2.0
2.0
2.2
2.4
2.6
advertising (x)
sales (y)
180
184
190
220
186
215
205
240
202.5
SS..= 1.235 SS.,= 51.9 SS, = 3152
I= 1.975
0.692
O 0.832
O 1.0
O 0.016
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