Smiths Appliances is evaluating its advertising budget. Theowner is trying to de

Our academic experts are ready and waiting to assist with any writing project you may have. From simple essay plans, through to full dissertations, you can guarantee we have a service perfectly matched to your needs.

GET A 40% DISCOUNT ON YOU FIRST ORDER

ORDER NOW DISCOUNT CODE >>>> WELCOME40

Smiths Appliances is evaluating its advertising budget. Theowner is trying to decide if the budget needs to be altered or not.The question: Is there a positive return on the investment that isbeing made in advertising? What is the relationship between salesand the amount spent on advertising? The owner collected data forthe past year by month. The data is in millions of dollars. MonthAdvertising Expense Sales Revenue January 2 4 February 3 5 March 36 April 5 8 May 6 8 June 4 7 July 5 7 August 6 8 September 7 9October 8 10 November 10 13 December 9 11 Is there a relationshipbetween the two variables? What is the coefficient of correlationfor this data? A. No 0.457 B. Yes 0.961 C. Yes 0.980 D. Yes0.892

Our academic experts are ready and waiting to assist with any writing project you may have. From simple essay plans, through to full dissertations, you can guarantee we have a service perfectly matched to your needs.

GET A 40% DISCOUNT ON YOU FIRST ORDER

ORDER NOW DISCOUNT CODE >>>> WELCOME40

 

 

Posted in Uncategorized