MovieFlix - Advertising and Subscriptions Year Advertising Expenditure $ 000 Membership Subscriptions 2013 51 62 2014 58 68 2015 62 66 2016 65 66 2017 68 67 2018 76 72 2019 77 73 2020 78 72 2021 78 78 2022 84 73 2023 85 76 Plot the scattergraph for the data. Use the data, to develop a regression equation relating advertising expenditure to membership. Estimate the membership if $40 000 is spent on advertising. How much must be spent on advertising to obtain a membership of 80 (000)
MovieFlix - Advertising and Subscriptions Year Advertising Expenditure $ 000 Membership Subscriptions 2013 51 62 2014 58 68 2015 62 66 2016 65 66 2017 68 67 2018 76 72 2019 77 73 2020 78 72 2021 78 78 2022 84 73 2023 85 76 Plot the scattergraph for the data. Use the data, to develop a regression equation relating advertising expenditure to membership. Estimate the membership if $40 000 is spent on advertising. How much must be spent on advertising to obtain a membership of 80 (000)
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 17HP
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MovieFlix - Advertising and Subscriptions
Year | Advertising Expenditure $ 000 |
Membership Subscriptions |
---|---|---|
2013 | 51 | 62 |
2014 | 58 | 68 |
2015 | 62 | 66 |
2016 | 65 | 66 |
2017 | 68 | 67 |
2018 | 76 | 72 |
2019 | 77 | 73 |
2020 | 78 | 72 |
2021 | 78 | 78 |
2022 | 84 | 73 |
2023 | 85 | 76 |
Plot the scattergraph for the data.
Use the data, to develop a regression equation relating advertising expenditure to membership.
Estimate the membership if $40 000 is spent on advertising.
How much must be spent on advertising to obtain a membership of 80 (000)
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