Question
The marketing director at Macy's is interested in analyzing the relationship between the company's weekly sales and the advertising dollars spent . The director believes
The marketing director at Macy's is interested in analyzing the relationship between the company's weekly sales and the advertising dollars spent. The director believes the advertising dollars spent can be used to predict the weekly sales.
Based on Macy's advertising scenario above, the weekly sales is the __________ variable and the advertising dollars spentis the __________ variable.
Group of answer choices
y-independent; x-dependent
y-dependent; x-independent
x-independent; y-dependent
x-dependent; y-independent
Based on Macy's advertising scenario above, according to the Excel regression output, what is the coefficient of determination, R2for the variation in weekly sales?
Group of answer choices
83.49% of the variation in weekly sales
16.51% of the variation in weekly sales
91.37% of the variation in weekly sales
19.78% of the variation in weekly sales
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