Mathematics
Mathematics, 08.03.2021 22:20, andrespeerman

Sales = 13.89(Advertising Investment) + 28.65 with a correlation coefficient of r = 0.89 What would you expect my Sales be if I I invest $1000 in advertising? Am I guaranteed that amount of money in Sales? Why or why not? If not, do you expect it to be close? Would you recommend I invest this money and use this agency based on this predictive model? Thank you for your help!

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Sales = 13.89(Advertising Investment) + 28.65 with a correlation coefficient of r = 0.89 What would...

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