Malimali1374 Malimali1374

30-01-2020
Mathematics

contestada

A regression model is used to forecast sales based on advertising dollars spent. The regression line is y=500+35x and the coefficient of determination is .90. Which is the best statement about this forecasting model?

Respuesta :

0612027483 0612027483

30-01-2020

Answer:

The correlation between sales and advertising is positive.

Step-by-step explanation:

INCORRECT. For every $1 spent on advertising, sales increase by $35.

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