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1 9 Problem 3 - 2 9 ( Algo ) 5 points 0 1 : 3 2 : 1 5 Mark Price, the new productions

19
Problem 3-29(Algo)
5 points
01:32:15
Mark Price, the new productions manager for Speakers and Company, needs to find out which variable most affects the demand for their line of company speakers. He is uncertain whether the unit price of the product or the effects of increased marketing are the main drivers in sales and wants to use regression analysis to figure out which factor drives more demand for its particular market. Pertinent information was collected by arr extensive marketing project that lasted over the past 12 years and was reduced to the data that follow.
\table[[YEAR,\table[[UNIT SALES],[(THOUSANDS)]],\table[[PRICE $ PER],[UNIT]],\table[[ADVERTISING],[($000)
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