The scatter plot shows a regression line of advertising dollars spent and sales. If the company were to spend $275,000 on advertising, what would be the predicted sales?

Question

asked Jul 21, 2021 62.8k views

2 Answers

Jose · Answer 1 · 2021-07-22T16:17:19+0000

Answer:

IF the graph shows a various of 2 x the value or 3 x the value we select the most balanced of negative 2x the value and 3 x the value.

If the graph shows just positive x2 or x3 x 4 we select the average. 3x $275000 = $875000 or 2x $275000 =£550000 etc.

Explanation: