Question
A maker of personalized golf shirts has been tracking the relationship between sales and advertising dollars over the past four years. The results are
A maker of personalized golf shirts has been tracking the relationship between sales and advertising dollars over the past four years. The results are as follows: Sales Dollars (in thousands) 130 151 150 158 Advertising Dollars (in thousands) 32 52 50 55 Use linear regression to find out what sales would be if the company invested $53,000 in advertising for next year.
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