You were tasked to study the impact of advertising costs to the customer acquisition. To implement this, the quarterly data for the past 2 years was provided. Create a regression line that fits the data and justify if the said data fits the curve. Sales ($) Advertising Costs ($) Quarter Additional Customers Q12020 1,900 124 20,290 Q22020 2,100 105 41,000 Q32020 2,500 150 49,500 Q42020 3,000 300 80,000 Q12021 3,000 200 83,200 Q22021 2,800 220 120,000 Q32021 3,300 315 161,000 Q42021 3,300 320 189,000
You were tasked to study the impact of advertising costs to the customer acquisition. To implement this, the quarterly data for the past 2 years was provided. Create a regression line that fits the data and justify if the said data fits the curve. Sales ($) Advertising Costs ($) Quarter Additional Customers Q12020 1,900 124 20,290 Q22020 2,100 105 41,000 Q32020 2,500 150 49,500 Q42020 3,000 300 80,000 Q12021 3,000 200 83,200 Q22021 2,800 220 120,000 Q32021 3,300 315 161,000 Q42021 3,300 320 189,000
MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
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You were tasked to study the impact of advertising costs to the customer acquisition. To implement this, the quarterly data for the past 2 years was provided. Create a regression line that fits the data and justify if the said data fits the curve.
![You were tasked to study the impact of advertising costs to the customer acquisition. To
implement this, the quarterly data for the past 2 years was provided. Create a regression
line that fits the data and justify if the said data fits the curve.
Sales ($)
Advertising Costs
($)
Additional
Customers
Quarter
Q12020
1,900
124
20,290
Q22020
2,100
105
41,000
Q32020
2,500
150
49,500
Q42020
3,000
300
80,000
Q12021
3,000
200
83,200
Q22021
2,800
220
120,000
Q32021
3,300
315
161,000
Q42021
3,300
320
189,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Faa3e2eae-e530-4e86-b550-34f4c897936d%2Fe46dbe7f-3aea-446d-ad3b-37fafec7c7a4%2Ftwa8rwc_processed.jpeg&w=3840&q=75)
Transcribed Image Text:You were tasked to study the impact of advertising costs to the customer acquisition. To
implement this, the quarterly data for the past 2 years was provided. Create a regression
line that fits the data and justify if the said data fits the curve.
Sales ($)
Advertising Costs
($)
Additional
Customers
Quarter
Q12020
1,900
124
20,290
Q22020
2,100
105
41,000
Q32020
2,500
150
49,500
Q42020
3,000
300
80,000
Q12021
3,000
200
83,200
Q22021
2,800
220
120,000
Q32021
3,300
315
161,000
Q42021
3,300
320
189,000
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