Susan Basson, sales manager of Becker Arenas is checking to there is any relationship between She estimates the following regression equation promotional costs and tickets at the sports Madium. She obtain the following data for the past month Trevor 534 500 ($250 Promotional) m (Cick the icon to view the data) Read the Requirement 1 Draw the regression line and thereof economic play goodness of land slope of the resine llegin by others. In ng Art and December's advertising contoh, har round the monthlyes to the newest cremom of 5100 Enlarge the graph and on the intention dated below graph youtgrophe Susan Burleson sales manager of Becker Arenas, a checking to see there is any time between promotional costs and the events at the sports stadium. She obtains the following data for the past months She estimates the following regression equation Ticket revenus $34.500 (5250 Promotional cos Click the icon to view the data) Read the Evaluate the regression Te using the crea of economic plusibity goodness of land slope of the regression line by choosing the come statement to go with each of the evinced below Economic plausibility O Promotional cost appear to not be post dilver of ficut revenues Sporting events and to rely on word of mouth to promote business and thus reve) and son promotion Promotional cost appear to be cost driver of ticket revenues Sporting every se promotional terms to prometendance and increase the patrone Goodness of The vertical differences between and predicted revenues appears to be cute Large This indicates that promotional com o not related to ticket events The vertical differences between schat and tradicted revenues appears to be resonably smal. This indicates that promotional cost related to ticket. 1 Slope of regression in The slope of the regression in appears to be almost fat indicating that on average ticket tevens do not vary with spending on promotions The slope of the regression in anpears to be relatively step indicating that on average de revenues increase with spending on promotions Susan Bursalus manager of lecker Arenas, checking to see if there is any ship between Shastittal the timing inger promotional costs and that runs at the sports stadium She obtain the following data for the past Tid V-534,500+ (2.50 Promotional coch) Gick then to view the data Ruth The slope of the represent in appears to be relatively stoep Indicating that on www.ticket even with spending on promotion Requirement. Use the high-low method to compute the function relating promotional cost and revenus (Complete all awwe boms.) Requirement Uning there and how to what is the sensor ach 10000 son man with a wide utfod of promotional cost on Exponely Round your towarstwie dar) The increase in revenus forth $10,000 ron costs with the relevage the tosis and how Which method should walang costs ors? Explain anthould because omation som vidimo to see if there is a relationshin between She obtains the follo Data Table She estimates the following regression equation: 50 x Promotional costs) steep indicating tha ction relating promo Month e high-low equation, and your answers to hal within the relevant range? W onal costs within the on, is April May June July August September October November December Ticket Revenues Promotional Costs 240,000 $ 54,000 310,000 67,000 360,000 82,000 520.000 92,000 470.000 102,000 490.000 112,000 580.000 122.000 710.000 182000 747 500 199.000 tising costs on revel information from Print Done e instructions to create your grapen Susan Basson, sales manager of Becker Arenas is checking to there is any relationship between She estimates the following regression equation promotional costs and tickets at the sports Madium. She obtain the following data for the past month Trevor 534 500 ($250 Promotional) m (Cick the icon to view the data) Read the Requirement 1 Draw the regression line and thereof economic play goodness of land slope of the resine llegin by others. In ng Art and December's advertising contoh, har round the monthlyes to the newest cremom of 5100 Enlarge the graph and on the intention dated below graph youtgrophe Susan Burleson sales manager of Becker Arenas, a checking to see there is any time between promotional costs and the events at the sports stadium. She obtains the following data for the past months She estimates the following regression equation Ticket revenus $34.500 (5250 Promotional cos Click the icon to view the data) Read the Evaluate the regression Te using the crea of economic plusibity goodness of land slope of the regression line by choosing the come statement to go with each of the evinced below Economic plausibility O Promotional cost appear to not be post dilver of ficut revenues Sporting events and to rely on word of mouth to promote business and thus reve) and son promotion Promotional cost appear to be cost driver of ticket revenues Sporting every se promotional terms to prometendance and increase the patrone Goodness of The vertical differences between and predicted revenues appears to be cute Large This indicates that promotional com o not related to ticket events The vertical differences between schat and tradicted revenues appears to be resonably smal. This indicates that promotional cost related to ticket. 1 Slope of regression in The slope of the regression in appears to be almost fat indicating that on average ticket tevens do not vary with spending on promotions The slope of the regression in anpears to be relatively step indicating that on average de revenues increase with spending on promotions Susan Bursalus manager of lecker Arenas, checking to see if there is any ship between Shastittal the timing inger promotional costs and that runs at the sports stadium She obtain the following data for the past Tid V-534,500+ (2.50 Promotional coch) Gick then to view the data Ruth The slope of the represent in appears to be relatively stoep Indicating that on www.ticket even with spending on promotion Requirement. Use the high-low method to compute the function relating promotional cost and revenus (Complete all awwe boms.) Requirement Uning there and how to what is the sensor ach 10000 son man with a wide utfod of promotional cost on Exponely Round your towarstwie dar) The increase in revenus forth $10,000 ron costs with the relevage the tosis and how Which method should walang costs ors? Explain anthould because omation som vidimo to see if there is a relationshin between She obtains the follo Data Table She estimates the following regression equation: 50 x Promotional costs) steep indicating tha ction relating promo Month e high-low equation, and your answers to hal within the relevant range? W onal costs within the on, is April May June July August September October November December Ticket Revenues Promotional Costs 240,000 $ 54,000 310,000 67,000 360,000 82,000 520.000 92,000 470.000 102,000 490.000 112,000 580.000 122.000 710.000 182000 747 500 199.000 tising costs on revel information from Print Done e instructions to create your grapen