These are records for 7 months in 1000s: Monthly expenditure on 21 25 billboards 16 42 34 10 19 Monthly sales Develop a

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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Many small companies buy advertising without considering its effect. The marketing manager is trying to make the case that "you have to spend money to make money." Spending on billboard advertise ments, in the manager's opinion, has a direct effect on sales. These are records for 7 months in 1000s: Monthly expenditure on 21 25 billboards 16 42 34 10 19 Monthly sales Develop a regression estimating equation. If the monthly expenditure on billboards is 20,000/- what is the monthly sale generated 34 14 48 32 26 29 20
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