Question

Which of the following equations represents the regression line for the advertising expenses and company sales...

Which of the following equations represents the regression line for the advertising expenses and company sales data below? All amounts displayed are given in thousands of dollars.

Advertising Expenses, X      Company Sales, Y

              2.4                                  225

              1.6                                  184

              2.0                                  220

              2.6                                  240

              1.4                                  180

              2.0                                  186

              2.2                                  215

Homework Answers

Answer #1

from above : line equation: y^ =105.23+50.24x (or y^ =50.24x+105.23)

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