Models help us describe and summarize relationships between variables. Understanding how process variables relate to each other helps businesses predict and improve performance. For example, a marketing manager might be interested in modeling the relationship between advertisement expenditures and sales revenues.
Considerthe dataset below and respond to the questions that follow:
Advertisement ($'000)Sales ($'000)
10684489
10265611
7673290
8854113
11564883
11465425
8924414
9385506
7693346
6773673
11846542
10095088
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here