Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hi tutor can you help me with this A study was conducted to determine the relationship of TV Ads expenses and Revenue of LAB Inc.

Hi tutor can you help me with this

image text in transcribed
A study was conducted to determine the relationship of TV Ads expenses and Revenue of LAB Inc. The data for 12 months were obtained Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec TV Ads (in Million 0.31 1.75 0.52 1.82 0.78 0.45 1.69 1.40 1.23 0.74 1.05 1.96 pesos) Revenue (Million 8.3 22.8 13.5 21.2 15.3 12.6 20.7 19.7 16.2 13.3 15.5 25.4 pesos) Compute rand interpret. 2. Determine the regression equation and interpret. 3. Compute / and interpret. A Estimate the revenue if the cost of TV ads is Php 1,850,000

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

Mathematics Concepts With Applications

Authors: Charles P McKeague

1st Edition

1630983136, 9781630983130

More Books

Students also viewed these Mathematics questions

Question

Describe the job youd like to be doing five years from now.

Answered: 1 week ago

Question

So what disadvantages have you witnessed? (specific)

Answered: 1 week ago