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Score: 0 of 9 pts 5 of 5 (1 complete) P10-37 (similar to) Amy Garrard, sales manager of Mcalister Arenas, is checking to see if

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Score: 0 of 9 pts 5 of 5 (1 complete) P10-37 (similar to) Amy Garrard, sales manager of Mcalister Arenas, is checking to see if there is any relationship between She estimates the following regression equation: promotional costs and ticket revenues at the sports stadium. She obtains the following data for the past 9 months Ticket revenues = 546,443 + ($3.40 * Promotional costs) Click the icon to view the data) Read the requirements Requirement 1. Draw the regression line and evaluate it using the criteria of economic plausibility, goodness of fit, and slope of the regression line Begin by plotting the regression line using April and December's advertising cost levels, then round the monthly revenues to the nearest increment of $100. (Enlarge the graph an graph) 88 20. 120000 990- 500 000 000 O 000 Revenue Click the graph, choose a tool in the palette and follow the instructions to create your graph Month Ticket Revenues Promotional Costs $ 240,000 $ 57.000 April May 310,000 70,000 June 360,000 85,000 520.000 95.000 July August September 470.000 105,000 490,000 115.000 October 580,000 125,000 November 710.000 185.000 December 805,500 202.000 Print Done

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