State weather, advertising expense is a powerful enough predictor of the following months revenue to be used for in a business setting. You must defend your statement by giving your reasons in any statistics or benchmarks considered

Philco Pharmacy wishes to determine the relationship between advertising expense and sales revenue the following month. Philco ran an Excel regression analysis on 36 months of data and derived the Excel out below: ANOVA Philico's advertising expenses have ranged from $138,000 per month to $180,000 per month since the company was started 3 years ago. Question #2. State whether advertising expense is a powerful enough predictor of the following month's revenue to be useful in a business setting. You must defend your statement by giving your reasons and any statistics or benchmarks considered. ( 2 marks)