Question

The relationship between commercial airtime minutes and an advertiser's profits is given by the least squares...

The relationship between commercial airtime minutes and an advertiser's profits is given by the least squares regression equation:

                    y = 5113.84*x + 406,755

What is the predicted change in profits for each 10 minute increase in airtime?

$457,893.40
$ 51,138.40
$411,868.84
$ 5,113.84

Seismic tremors causing minor fluctuations in a delicate process may be an example of:

an assignable cause of variation
an external failure
statistical process control (SPC)
a common cause of variation

This is the question plz help

Homework Answers

Answer #1

If the equation is y=5113.84x+406755

Which means for each minute's increase, the profits change by 5113.84

And so for each 10 minutes, the profits increase by

Seismic tremors causing minor fluctuations in a delicate process may be an example of:

An assignable caused of variation because we know a change occured due to an identifiable external factor

Please do rate this answer positively if you found it helpful. Thanks and have a good day!

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