Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. McNair School principal Dr. Ruth Gacoki wants to know whether the school recruitment program is successful. She used a spreadsheet to estimate the relationship

1. McNair School principal Dr. Ruth Gacoki wants to know whether the school recruitment program is successful. She used a spreadsheet to estimate the relationship between the number of advertisements and the number of phone inquiries received. Monthly data for the past two years were entered into the computer. Data includes months when no advertising was done through months with 1000 advertisements. All Dr. Gacolki saw was "Intercept = 1200", Coefficient of # of advertisements = 100 and R2 = .94. From that information she can conclude, with limited certainty, that if she places 20 advertisements, the school will receive

a. 1200 applications,

b. 1220 applications

c. 2400 applications

d. 3200 applications

e. 4000 applications

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions