Chapter 1.3, Problem 127AYU

To determine

To find:

1. The linear equation that relates the amount $\text{‘A’}$ spent on advertising to the number $\text{‘X’}$ of cereal boxes the company aims to sell.

2. The expenditure needed on advertisement, to sell 300,000 boxes of cereals.

3. Whether the intercepts have any meaningful interpretation.

4. To interpret the slope.