Question
URGENT HELP I HAVE 15 MINS LEFT Dana owns her own real estate agency. She has been working hard to increase her client base. She
URGENT HELP I HAVE 15 MINS LEFT
Dana owns her own real estate agency. She has been working hard to increase her client base. She offers the most comprehensive advertising campaign in the city and it has been paying off by the steady increase in the number of listings over the last several months. However, Dana is concerned that her extensive cost for advertising is eating into her profits. It is difficult to determine how much she spends on advertising for each listing because some of her advertising sources are fixed amounts each month and others are more variable in nature. She would like to analyze the following information to determine how her advertising costs behave based on the number of listings.
Month
Number of Listings
Advertising Cost
March
22
$15,280
April
26
17,640
May
35
23,145
June
42
27,205
July
48
30,565
August
51
32,485
September
50
31,835
October
56
36,020
November
54
34,920
Using regression analysis, what is the probability that Danas fixed costs per month are actually $0? (Round your answer to four decimal places)
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