Business, 11.08.2021 21:20, blevinssam4783
Vesper Auto Wash is reviewing its sales for the last 9 months. Executives at Vesper are in disagreement over the driving force behind sales of their basic carwash package. Some argue it is the price of a carwash, while others argue it is the number of ads on the radio. The data for the monthly sales of basic carwashes, the corresponding price, and the number of monthly radio ads are presented below.
Sales Price Ads
7,006 10.7 61
7,234 10.46 73
7,692 10.21 84
7,486 10.51 78
7,526 10.26 82
8,012 10.12 96
Required:
a. Based on this regression equation, if they drop the price for the basic carwash by $0.20, what would be expected change in sales? (Round your answer up or down.)
b. What would be the forecast for the number of basic carwashes if the price were $10.25 and there were 120 radio ads?
Answers: 1
Other questions on the subject: Business
Business, 21.06.2019 22:20, mistytownsend1952
Outstanding stock consists of 8,300 shares of cumulative 7% preferred stock with a $10 par value and 4,300 shares of common stock with a $1 par value. during the first three years of operation, the corporation declared and paid the following total cash dividends. year dividend declared 2016 $ 0 2017 $ 7,300 2018 $ 45,000 the amount of dividends paid to preferred and common shareholders in 2018 is:
Answers: 2
Business, 22.06.2019 01:20, 15krystall
Cindy recently played in a softball game in which she misplayed a ground ball for an error. later, in the same game, she made a great catch on a very difficult play. according to the self-serving bias, she would attribute her error to and her good catch to her
Answers: 1
Business, 22.06.2019 11:20, ebt2367
Money aggregates identify whether each of the following examples belongs in m1 or m2. if an example belongs in both, be sure to check both boxes. example m1 m2 gilberto has a roll of quarters that he just withdrew from the bank to do laundry. lorenzo has $25,000 in a money market account. neha has $8,000 in a two-year certificate of deposit (cd).
Answers: 3
Business, 22.06.2019 11:50, Paytonsmommy09
Which of the following does not offer an opportunity for timely content? evergreen content news alerts content that suits seasonal consumption patterns content that matches a situational trigger content that addresses urgent pain points
Answers: 2
Do you know the correct answer?
Vesper Auto Wash is reviewing its sales for the last 9 months. Executives at Vesper are in disagreem...
Questions in other subjects:
Mathematics, 15.04.2020 02:59
Chemistry, 15.04.2020 02:59
