For the linear regression model for ads versus revenue, the slope is shown as 78.075. How would
Question:
For the linear regression model for ads versus revenue, the slope is shown as 78.075. How would this slope be interpreted (that is, provide a verbal description for the meaning of the slope of 78.075)?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 87% (8 reviews)
Answer The slope of 78075 can be interpreted as the increase in revenue for ev...View the full answer
Answered By
Labindao Antoque
I graduated in 2018 with a Bachelor of Science degree in Psychology from Dalubhasaan ng Lungsod ng San Pablo. I tutored students in classes and out of classes. I use a variety of strategies to tutor students that include: lecture, discussions about the subject matter, problem solving examples using the principles of the subject matter being discussed in class , homework assignments that are directed towards reinforcing what we learn in class , and detailed practice problems help students to master a concept. I also do thorough research on Internet resources or textbooks so that I know what students need to learn in order to master what is being taught in class .
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Restaurants have traditionally used bottom-end wines to sell by the glass (BTG) at reasonably low prices per glass. In recent years, there has been a growing trend within the restaurant industry to...
-
The California Department of Education makes available the academic performance index (API) for each school. The output that is provided models the 2012 API for a random sample of 100 high schools on...
-
Bauhinia Equity Fund sells two types of share, A+ and A++. A+ shares are sold with front-end load fee of 8% whilst Type A++ shares are not subject to front-end load fee but are charged to investment...
-
Here are the supply and demand equations for throstles, where p is the price in dollars: D (p) = 40 p S (p) = 10+p. On the axes below, draw the demand and supply curves for throstles, using blue...
-
Suppose a sample of size 1 is taken from the pdf f Y (y) = (1/)e y/ , y > 0, for the purpose of testing H 0 : = 1 versus H 1 : > 1 The null hypothesis will be rejected if y 3.20. (a) Calculate the...
-
Piezoelectric materials respond to an electric field by change of shape. The strain induced by a field E is where is the piezoelectric charge coefficient, listed in Table A8. Its units are pm/V. A...
-
Pathlines and streaklines provide ways to visualize flows. Another technique would be to instantly inject a line of dye across streamlines and observe how this line moves as time increases. For...
-
Atmospheric air enters the heated section of a circular tube at a flow rate of 0.005 kg/s and a temperature of 20C. The tube is of diameter D = 50 mm, and full developed conditions with h = 25 W/m 2 ...
-
Melanie is employed full-time as an accountant for a national hardware chain. She also has recently started a private consulting practice, which provides tax advice and financial planning to the...
-
Suppose an executive for the Braves wishes to know whether the stadium has caused employees (including ticket takers, parking attendants, ushers, security personnel, team employees, etc.) to be more...
-
A linear regression model is developed, and for, the corresponding predicted y-value is 22.7. The actual observed value for is . Is the residual for this data point positive, negative, or zero? a....
-
Explain what a residual is and how this relates to the best-fit regression model.
-
Which of the following transactions will increase the return on equity? a. Declare and issue a stock dividend. b. Split the stock 2-for-1. c. Repurchase the companys stock. d. None of the above.
-
Adriatic Plumbing Supply Corp has a warehouse and a small administrative officeAlexei and his wife Sonia are the owners. They deal with customers and vendors. Their daughter Natalie handles all the...
-
3. Let V=0 at a distance of infinity. What is the electric potential 10.0 cm from a 6 mC point charge?
-
Elijah has an outstanding balance of $2,000 on a credit card that charges an 18% annual interest rate. He plans to pay $60 per month to pay off the card. How many months will it take for him to pay...
-
A firm has $358,000 in credit sales and $140,000 in accounts receivable. Compute the average number of collection days. how does the numbers relate to the terms of 2/10 net/30 ?
-
A busy chipmunk runs back and forth along a straight line of acorns that has been set out between its burrow and a nearby tree. At some instant, it moves with a velocity of -1.39 m/s. Then, 2.29 s...
-
If a taxpayer loses a case against the IRS in one of the three trial courts, does the taxpayer have any avenue for appeals?
-
Write out the formula for the total costs of carrying and ordering inventory, and then use the formula to derive the EOQ model. Andria Mullins, financial manager of Webster Electronics, has been...
-
Identify and describe the seven techniques for managing the impression one makes on others.
-
List the three questions that can help determine if a political action is ethical.
-
Define conflict.
-
Using the car mileage data from Lab 1, define the following sets: A = {x|x> 125,000), B = {xx < 175,000) and C = {xlx <50,000). Demonstrate the following set equivalencies (DeMorgan's Law) using R...
-
6. Write out the truth tables for: a) a 3 input and gate b) an exclusive or gate c) a two input inclusive or gate 3 7. Describe the microprocessor instruction you would use to: 8. a) set bit 4 of a...
-
Alex Corporation reports the following components of stockholders' equity at December 31 of the prior year. Common stock-$25 par value, 50,000 shares authorized, 33,000 shares issued and outstanding...
Study smarter with the SolutionInn App