The below data represent the advertising expenditure and sales of Liu Liu Ltd fromyear 2010 to 2019.Table: Advertising Expenditure vs. Sales from 2010 to 2019 YearAdvert.Expenditure SalesGrowth rate of Ad.ExpenditureGrowth rate of Sales (x, £000)(y, £000) 20101984 20112210818%29%2012328246%-24%2013428632%6%2014478411%-3%20154694-2%11%20165810327%10%2017631158%12%20187010611%-8%20198014215%34%Total4791004 a. What is the statistical relationship shown in the table and list out 3 characteristics ofthis relationship?

Advert. Expenditure Sales Growth Rate on Expenditure Growth rate of Sales (x, £000) (y, £000)…

Answered: The below data represent the…

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ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

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The below data represent the advertising expenditure and sales of Liu Liu Ltd from

year 2010 to 2019.

Table: Advertising Expenditure vs. Sales from 2010 to 2019

Year	Advert. Expenditure	Sales	Growth rate of Ad. Expenditure	Growth rate of Sales
	(x, £000)	(y, £000)
2010	19	84
2011	22	108	18%	29%
2012	32	82	46%	-24%
2013	42	86	32%	6%
2014	47	84	11%	-3%
2015	46	94	-2%	11%
2016	58	103	27%	10%
2017	63	115	8%	12%
2018	70	106	11%	-8%
2019	80	142	15%	34%
Total	479	1004