Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN: 9780134463216
Author: Robert F. Blitzer
Publisher: PEARSON
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35. The file P13_35.xlsx contains the amount of money
spent advertising a product (in thousands of dollars) and
the number of units sold (in millions) for eight months.
a. Assume that the only factor influencing monthly
sales is advertising. Fit the following two curves
to these data: linear (Y 5 a 1 bX) and power
(Y 5 aXb
). Which equation best fits the data?
b. Interpret the best-fitting equation.
c. Using the best-fitting equation, predict sales
during a month in which $60,000 is spent on
advertising

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