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  book-img-for-question

Business Statistics

ISBN: 9781292269313

4th Global Edition

Authors: Norean Sharpe, Richard De Veaux, Paul Velleman

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