A company that relies on Internet-based advertising linked to key search terms wants to understand the relationship
Question:
A company that relies on Internet-based advertising linked to key search terms wants to understand the relationship between the amount it spends on this advertising and revenue (in $).
a) Which variable is the explanatory or predictor variable?
b) Which variable is the response variable?
c) Which variable would you plot on the x axis?
Step by Step Answer:
Related Book For
Business Statistics
ISBN: 9781292269313
4th Global Edition
Authors: Norean Sharpe, Richard De Veaux, Paul Velleman
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