Question
Circulation is the lifeblood of the publishing business. The larger the sales of a magazine, the more I can charge advertisers. However a circulation gap
Circulation is the lifeblood of the publishing business. The larger the sales of a magazine, the more I can charge advertisers. However a circulation gap has appeared between the publisher? reports magazines? newsstand sales and subsequent audit bureau of circulations . the file circulation contains the reported and audited newsstand yearly sales (in thousands) for the following 10 magazines:
A. Construct a scatter plot. For the data b0 = 26,724 and b1 = 0.5719.
B, Interpret the meaning of the slop, b1, in this problem
Predict the audited newsstand sales for a magazine that report newsstand sales of 400,000.
Magazine YM Cosmo Girl Rosie Playboy Esquire Teen people More Spin Vogue Elle Report (X) 621.0 359.7 530.0 492.1 70.5 567.0 125.5 50.6 353.3 263.6 Audited (Y) 299.6 207.7 325.0 336.3 48.6 400.3 91.2 39.1 268. 214.3
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Introduction to Operations Research
Authors: Frederick S. Hillier, Gerald J. Lieberman
10th edition
978-0072535105, 72535105, 978-1259162985
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