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Question 10 of12 - f 2 E View Policies Current Attempt in Progress A corporation owns several companies. The strategic planner for the corporation believes
Question 10 of12 - f 2 E View Policies Current Attempt in Progress A corporation owns several companies. The strategic planner for the corporation believes dollars spent on advertising can to some extent be a predictor of total sales dollars. As an aid in long-term planning, she gathers the following sales and advertising information from several of the companies for a particular year [$ millions]. Advertising Sales 12.5 148.0 3.7 55.0 2 1.8 338.0 60.0 994.0 3?.6 543.0 6.1 89.0 16.1 126.0 41.2 379.0 Develop the equation of the simple regression line to predict sales from advertising expenditures using these data. [Do not round the intermediate values. Round your answers to 3 decimal places, e.g. 12. F58.) : +i:I 3;: Question 11 of 12
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