QUESTION 11 The holder of Cypres Recordings studied the relationship among sales (y) and the amount spent on advertising (x) A random sample of 61 recordings gives the following information. The intercept = 19.47 and the slope = 0.85 he estimated sales for 16 amount of advertisement is equal to? (Round answer to three decimal places ex. 2.091)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
QUESTION 11
The holder of Cypres Recordings studied the relationship among sales (y) and the amount spent on advertising (x)
A random sample of 61 recordings gives the following information.
The intercept = 19.47 and the slope = 0.85
The estimated sales for 16 amount of advertisement is equal to?
(Round answer to three decimal places ex. 2.091)
QUESTION 12
Transcribed Image Text:QUESTION 11 The holder of Cypres Recordings studied the relationship among sales (y) and the amount spent on advertising (x) A random sample of 61 recordings gives the following information. The intercept = 19.47 and the slope = 0.85 The estimated sales for 16 amount of advertisement is equal to? (Round answer to three decimal places ex. 2.091) QUESTION 12
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman