Mathematics
Mathematics, 06.05.2020 21:34, whittingtondee7084

The director of marketing at a large company wants to determine if the amount of money spent on internet marketing is a good predictor of
company profit. She fits a least-squares regression line to 20 months of data and computes the following regression line:
Profit=372.6 + 17.2(advertising dollars)
What is the value of the residual for advertising dollars spent equal to $1,020 and Profit equal to $17,500? Round to the nearest integer.

answer
Answers: 3

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