The chart below lists the sales in thousands of dollars based on the advertising budget for that
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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
Business Math
ISBN: 978-0133011203
10th edition
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
Posted Date: