Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

business analysis Based on the equation Y = 5.35 + 245.3*X, Sales(Y) is in Units of $1000 and Advertising(X) is in Units of $100. If

business analysis
image text in transcribed
image text in transcribed
Based on the equation Y = 5.35 + 245.3*X, Sales(Y) is in Units of $1000 and Advertising(X) is in Units of $100. If we want to calculate the value of sales when $42,801 is spent on advertising. What do we use for X in the following equation? (Please round your answer to decimal O places) Your Answer: Answer What will be the demand without seasonal impact if the actual demand is 250 and the seasonal index is 0.65? 01) 384.6 2) 380 3) 162.5 04) 250.0

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

Focus On Personal Finance

Authors: Jack Kapoor, Les Dlabay, Robert Hughes

3rd Edition

0073382426, 9780073382425

More Books

Students also viewed these Finance questions

Question

=+3. Explain the interactions in the TV market!

Answered: 1 week ago

Question

=+1. Of what is the value chain in the music industry composed?

Answered: 1 week ago

Question

=+2. Explain the manufacturing model of radio management!

Answered: 1 week ago