A consumer products company has collected some data relating to the advertising expenditure and sales of one
Question:
A consumer products company has collected some data relating to the advertising expenditure and sales of one of its products:
Advertising cost Sales
$300 ╇ $7000
$350 ╇ $9000
$400 $10000
$450 $10600 What type of model would best represent the data?
Use the Excel Trendline tool to find the best among the options provided.
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Madhur Jain
I have 6 years of rich teaching experience in subjects like Mathematics, Accounting, and Entrance Exams preparation. With my experience, I am able to quickly adapt to the student's level of understanding and make the best use of his time.
I focus on teaching concepts along with the applications and what separates me is the connection I create with my students. I am well qualified for working on complex problems and reaching out to the solutions in minimal time. I was also awarded 'The Best Tutor Award' for 2 consecutive years in my previous job.
Hoping to get to work on some really interesting problems here.
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