The chart below lists the sales in thousands of dollars based on the advertising budget for that

Fantastic news! We've Found the answer you've been seeking!

Question:

The chart below lists the sales in thousands of dollars based on the advertising budget for that quarter. The regression equation is Y' = 4.073 + 0.8351X. What is the correlation coefficient?

Advertising ($hunderds)	Sales ($thousands)
0	5
3	5.5
4	7
5	7.8
6	9
7	11

Multiple Choice

0.775
0.844
0.926
1.00

Related Book For answer-question

Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

See More Books

Posted Date: Oct 20, 2020 12:46 AM

See More Questions

Sales in thousands of dollars for men's suits at a Macy's department store for a 12-month period were $127; $215; $135; $842; $687; $512; $687; $742; $984; $752; $984; $1,992. a. Find the mean...
The following matrix shows the costs in thousands of dollars for assigning Individuals A, B, C, and D to Jobs 1, 2, 3, and 4. Solve the problem showing your final assignments in order to minimize...
The chart below lists financial statement items that may be affected by the use of either the FIFO or LIFO inventory costing methods. Required: Assuming that prices are rising, complete the chart by...
Considerations that affect the selection of an inventory costing method do not include: (a) tax effects. (b) balance sheet effects. (c) income statement effects. (d) perpetual vs. periodic inventory...
Sketch the root locus for the following loop transfer functions of the system shown in Figure P7.1 when 0 (a) (b) (c) (d) Figure P7.1 K(s 5) G(s)Gs) + I( 10) K(s 4s 8) s(s 1) Controller Process
A 500.0-g bird is flying horizontally at 2.25 m/s, not paying much attention, when it suddenly flies into a stationary vertical bar, hitting it 25.0 cm below the top (Fig. 10.63). The bar is uniform,...
Show that $\operatorname{Var}(\hat{\mathbf{y}})=\sigma^{2} \mathbf{H}$.
Given the following information for Huntington Power Co., find the WACC. Assume the companys tax rate is 35 percent. Debt: 5,000 6 percent coupon bonds outstanding, $1,000 par value, 25 years to...
Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool...
A division of your company purchased a large quantity of new desktop computers during the current fiscal year. An internal audit manager has asked you to audit the process used to acquire the...
Write a brief note on the Impacts of Change in Oil Prices on Procurement & Amp; Logistics in Commercial Airlines (Emirates Airline)
Hawar International is a shipping firm with a current share price of $5.34 and 10.4 million shares outstanding. Suppose that Hawar announces plans to lower its corporate taxes by borrowing $10.0...
A profitable company buys $30,000 equipment. It claimed 50% bonus depreciation. The equipment expected to bring cash flow of $12,000 every year over its 5 years property class period, when it will be...
Suppose that the risk-free rate is 5 percent and the expected return on the tangency portfolio of risky assets is 14 percent. An investor with $3 million to invest wants to achieve a 18.5 percent...
Hope and Love Hospital operates in Northern Illinois. Their Chief Finance Officer (CFO), who goes by Saint Valentine, reached out to Bank of Cupid, LLC earlier in the year and opened a line of credit...
Michelle and Patrick are in the 24% marginal tax bracket. They bought 100 shares of DJN stock at $45 per share and sold them 4 years later in 2019 at $22 per share? By how much did their loss reduce...
Read and make at least a 2-page detailed analysis of the cases getting all the information from People Analytics at Teaching America from Harvard Part A, Part B , and Excel.
Give the products of the following reaction, where T is tritium: dioldehydrase Ad- CH CH3C-COH CoIII) coenzyme B12
Make a depreciation schedule to show the annual straight-line depreciation, accumulated depreciation, and end-of-year book value for furniture that costs $4,500 and has a scrap value of $700. The...
Find the mean, variation, and standard deviation for the set of average prices for NFL tickets using table 7-21. TABLE 7-21 Year Average $54.75 $59.05 $62.38 S67.11 $72.20 $74.99 Ticket Price 2004...
A dusk-to-dawn outdoor light bulb has an expected (mean) life of 8,000 hours with a standard deviation of 250 hours. How many bulbs in a batch of 500 can be expected to last no longer than 7,500...
Reflect on how the 'pair-wise' criterion system could be applied in your organisation. Against which criterion would you carry out prioritisation?
Using the BCG matrix illustrated in Figure 4. 13 review the investments from the list below. Investment $\mathrm{A}$ is a new product that has been released into the industry. It seems to be...
What are important considerations in designing a project approach?

The chart below lists the sales in thousands of dollars based on the advertising budget for that

Question:

Expert Answer:

Advertising hunderds x Sales thousandsy x mean of x y mean of y x mean of x2 y m... View the full answer

Business Math

Students also viewed these mathematics questions