Reconsider Problem 10.38. Use the forecasting module in your Interactive Management Science Modules to generate the linear
Question:
For each of these three data points, determine whether the linear regression line shifts above or below this point or whether it still passes essentially through it when the following change is made in one of these data points (but none of the others).
a. Change the sales from 16 to 19 when the amount of advertising is 225.
b. Change the sales from 23 to 26 when the amount of advertising is 450.
c. Change the sales from 20 to 23 when the amount of advertising is 350?
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Related Book For
Introduction to Management Science A Modeling and Cases Studies Approach with Spreadsheets
ISBN: 978-0078024061
5th edition
Authors: Frederick S. Hillier, Mark S. Hillier
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