MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Question
expenditure and sale
simple linear regressi
Explanatory Variable
Match the explana
variables with the ✓ Advertising Expenditure
from this descripti
Response Variable
Running:
Hide Time
[Choose ]
Qu
Sales Revenue
The number of
competitors in the market
The company's
expenditure on employee
benefits
The size of the company's
office space
Number of employees in
the company
The company's
stock price
The CEO's years
of experience
expand button
Transcribed Image Text:expenditure and sale simple linear regressi Explanatory Variable Match the explana variables with the ✓ Advertising Expenditure from this descripti Response Variable Running: Hide Time [Choose ] Qu Sales Revenue The number of competitors in the market The company's expenditure on employee benefits The size of the company's office space Number of employees in the company The company's stock price The CEO's years of experience
Let's consider a situation where a company wants
to understand the relationship between its
advertising expenditure and its sales revenue. This
is a typical scenario where simple linear regression
can be applied. The company hypothesizes that as
advertising expenditure increases, sales revenue
also increases. To test this hypothesis, the
company can collect data on advertising
expenditure and sales revenue and perform a
simple linear regression analysis.
Match the explanatory and response
variables with the appropriate information
from this description.
expand button
Transcribed Image Text:Let's consider a situation where a company wants to understand the relationship between its advertising expenditure and its sales revenue. This is a typical scenario where simple linear regression can be applied. The company hypothesizes that as advertising expenditure increases, sales revenue also increases. To test this hypothesis, the company can collect data on advertising expenditure and sales revenue and perform a simple linear regression analysis. Match the explanatory and response variables with the appropriate information from this description.
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