Question: Construct scatter plots of Demand vs. DIFF and Demand vs. ADV , Demand vs. AIP , and Demand vs. Price . Insert fitted line, equation,

Construct scatter plots of Demand vs. DIFF and Demand vs. ADV, Demand vs. AIP, and Demand vs. Price. Insert fitted line, equation, and R-squared. Observe graphs and provide interpretation for all 4 Graphs. Note that Demand is always on the Y-axis

Construct scatter plots of Demand vs. DIFF and

DEMAND vs DIFF y = -1.5788x + 16.726 R = 0.2191 DEMAND vs ADV Y = 1.2152x+6.5943 R2 -0.8831 25.0 25.0 2010 20.0 . . 15.00 15.0 DEMAND DEMAND 10.0 10.0 5.0 5.0 0.0 0.0 0.0 0.0 -1.5 -1.0 -0.5 0.5 1.0 1.5 2.0 4.0 6.0 8.0 10.0 12.0 14.0 DIFF ADVERTISING DEMAND vs AIP y = -0.6052x + 20.652 RP=0.0081 DEMAND vs PRICE y = 2.4985x +1.0151 RP = 0.3123 25.0 25.0 20.0 20.0 15.0 15.0 DEMAND 10.0 DEMAND 10.0 5.0 5.0 0.0 0.0 0.0 2.0 4.0 5.0 8.0 0.0 2.0 4.0 6.0 8.0 AIP PRICE

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