Question
The owner of a retail store randomly selected the following weekly data on profits and advertising cost. Week Advertising Cost ($) Profit ($) 1 0
The owner of a retail store randomly selected the following weekly data on profits and advertising cost.
| Week | Advertising Cost ($) | Profit ($) |
|---|---|---|
| 1 | 0 | 205 |
| 2 | 50 | 265 |
| 3 | 250 | 425 |
| 4 | 150 | 295 |
| 5 | 125 | 330 |
Write down the appropriate linear relationship between advertising cost and profits.
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Step: 1
The linear relationship between advertising cost x and profits y is y ...
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An Introduction To Statistical Methods And Data Analysis
Authors: R. Lyman Ott, Micheal T. Longnecker
7th Edition
1305269470, 978-1305465527, 1305465520, 978-1305269477
