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A company has been gathering both the advertising costs and the floor space dedicated towards generating the sales received for each of its 12 stores
A company has been gathering both the advertising costs | ||||
and the floor space dedicated towards generating the | ||||
sales received for each of its 12 stores |
Store | Advertising | Floor Space | Sales | ||
1 | $ 2,500 | 2,100 | $ 21,000 | ||
2 | $ 1,100 | 4,000 | $ 41,000 | ||
3 | $ 1,700 | 2,900 | $ 35,000 | ||
4 | $ 1,000 | 4,100 | $ 54,000 | ||
6 | $ 2,200 | 3,200 | $ 33,000 | ||
5 | $ 2,500 | 2,300 | $ 33,000 | ||
7 | $ 2,800 | 2,100 | $ 28,000 | ||
Based upon the above data, what will be the preferred activity | |||||
to predict sales - advertising or floor space? Display the calculation | |||||
used to make this determination and explain how this calculation | |||||
justifies your answer. |
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