a. Predict the sales resulting from a $15,000 investment in inventory and an advertising budget of $10,000. b. Interprel b and ba in this estimated regression equation. b: Sales can be expected to Sclect your answer- by $13 for every dollar increase in when -Select your answer - is held constant. Select your answer - b: Sales can be expected to by $6 for every dollar increase in- Select your answer- v when Sclect your answer- Select your answer is held constant.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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A shoe store developed the following estimated regression equation relating sales to inventory investment and advertising expenditures.
ý = 35 + 13z1 + Bz
where
1 = inventory investment ($1000s)
I2 = advertising expenditures ($1000s)
y=sales ($1000s)
a. Predict the sales resulting from a $15,000 investment in inventory and an advertising budget of $10,000.
b. Interprel b1 and ba in this estimated regression equation.
b: Sales can be expected to
Sclect your answer
by $13 for every dollar increase in
- Select your answer-
vwhen - Select your answer
is held constant.
b: Sales can be expected to
Sclect your answer
by $6 for every dollar increase in
Sclect your answer -
when
Select your answer
is held constant.
-Icon Key
Exercise 15.04 Algo (Loast Square Mothod)
Transcribed Image Text:A shoe store developed the following estimated regression equation relating sales to inventory investment and advertising expenditures. ý = 35 + 13z1 + Bz where 1 = inventory investment ($1000s) I2 = advertising expenditures ($1000s) y=sales ($1000s) a. Predict the sales resulting from a $15,000 investment in inventory and an advertising budget of $10,000. b. Interprel b1 and ba in this estimated regression equation. b: Sales can be expected to Sclect your answer by $13 for every dollar increase in - Select your answer- vwhen - Select your answer is held constant. b: Sales can be expected to Sclect your answer by $6 for every dollar increase in Sclect your answer - when Select your answer is held constant. -Icon Key Exercise 15.04 Algo (Loast Square Mothod)
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