Year  Advertising Expenditure       $ 000   Membership Subscriptions 2013                    51 62 2014                    58 68 2015                    62 66 2016                    65 66 2017                    68 67 2018                    76 72 2019                    77 73 2020                    78 72 2021                    78 78 2022                    84 73 2023                    85 76                     (i) Plot the scattergraph for the data. Explain each step.          (ii) Use the data, to develop a regression equation relating advertising expenditure to membership. Explain each step.  (iii)  Estimate the membership if $40 000 is spent on advertising.  Explain each step.  NO HANDWRITING PLEASE. I HAVE A HARD TIME UNDERSTANDING. THANK YOU FOR YOUR HELP.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Year  Advertising Expenditure
      $ 000
  Membership Subscriptions
2013                    51 62
2014                    58 68
2015                    62 66
2016                    65 66
2017                    68 67
2018                    76 72
2019                    77 73
2020                    78 72
2021                    78 78
2022                    84 73
2023                    85 76
     
     
     

 

(i) Plot the scattergraph for the data. Explain each step.         

(ii) Use the data, to develop a regression equation relating advertising expenditure to membership. Explain each step. 

(iii)  Estimate the membership if $40 000 is spent on advertising.  Explain each step. 

NO HANDWRITING PLEASE. I HAVE A HARD TIME UNDERSTANDING. THANK YOU FOR YOUR HELP.  

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Can the table above be explained please? I don't quite understand. 

Also, can Step 4 be expanded or explained please? 

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Can more steps be provided for Step 4 please? 

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CAN THIS SCATTER GRAPH IN STEP 2 BE DONE IN EXCEL? I DON'T UNDERSTAND IT IN EXCEL R PROGRAMMING. 

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What are the limitations of the method used in (iii)? Explain each limi

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