X (Independent Variable)Y (Dependent variable)

MonthAdvertising Expenditure (in Millions of $)Sales Revenue (in Millions of $)

March2030

April4060

May2040

June3060

July1030

August1040

September2040

October2050

November2030

December3070

Calculating the Standard Error of the Estimate-S_{y.x .} You will be using the same summation data above.

After you have calculated the Standard Error of the Estimate,Sy.x,tell me what the number you have obtained means.