Internet Advertising Several months ago, John O'Hagan investigated the effect on the popularity of OHaganBooks.com of placing banner ads at well-known Internet portals. The following model was obtained from available data:
a. John O’Hagan is considering increasing expenditure on banner ads from the current level of $5,000 to $6,000 per month. What will be the resulting effect on website popularity?
b. According to the model, would the website popularity continue to grow at the same rate if he continued to raise expenditure on advertising $1,000 each month? Explain.
c. Does this model give a reasonable prediction of traffic at expenditures larger than $8,500 per month? Why or why not?
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Chapter 1 Solutions
Finite Mathematics
- COMPLETE THREE-VIEW ORTHOGRAPHIC SKETCHES OF THE FOLLOWING OBJECTS USE ORTHO GRID PAPER. Drawn By:arrow_forward7.1. If X has an exponential distribution with the parameter 0, use the distribution function technique to find the probability density of the random variable Y = ln X. bilaga in dwreatarrow_forwardNo chatgpt pls will upvotearrow_forward
- 2 Q/ Let d₂ +d, di, d2: R² XR² R² defined as follow ((x+x), (2, 1) = √(x-2)² + (x_wx • d₁ ((x,y), (z, w)) = max {1x-z\, \y-w\} • 1 1 dq ((x,y), (Z, W)) = \ x=2\+\-w| 2 • show that dod₁, d₂ are equivalent? 2arrow_forward2 +d, di, d2: R² XR² > R² defined as follow Q/ Let d₂ 2/ d((x+x), (2, 1)) = √(x-2)² + (x-wsc • d₁ ((x,y), (z, w)) = max {| x-z\, \y-w\} • d₂ ((x, y), (Z, W)) = 1x-21+ \y-w| 2 • show that ddi, d₂ are equivalent? އarrow_forwardNumerical anarrow_forward
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