User Account

All Pages

Regression analysis between sales and advertising

Assignment Help Business Economics
Reference no: EM131002433

A regression analysis between sales (in $1000) and advertising (in $100) resulted in the following least squares line: y = 75 + 6x. This implies that if advertising is $900, then the predicted amount of sales (in dollars) is

Reference no: EM131002433

Questions Cloud

Suppose an increase in the minimum wage : Suppose an increase in the minimum wage has raised your franchise’s labor costs. How do you respond to the higher labor costs? How will the higher labor costs affect your short-run cost curve, long-run average product curve, and average cost curve?
Marginal returns and decreasing marginal returns : Imagine that you have invested $1 million in a McDonald’s franchise restaurant. The investment includes expenses for land, buildings, and franchise fees. What are some of the explicit costs and implicit costs of this franchise operation? How do you e..
What are ring-species : For our purposes here, this means that we create an arbitrary division in time or space to create species. At what point in time or space do the salamander populations described in the video exist as truly separate species? Dawkins goes further to ex..
Describe the meaning of par value as it has evolved to today : The par value of shares historically indicated the real value of shares and all shares were issued at that price. The concept has changed with time. Describe the meaning of par value as it has evolved to today.
Regression analysis between sales and advertising : A regression analysis between sales (in $1000) and advertising (in $100) resulted in the following least squares line: y = 75 + 6x. This implies that if advertising is $900, then the predicted amount of sales (in dollars) is
What do you think of past international strategy : What do you think of Zara’s past international strategy? Evaluate, in particular, its past strategy for (product) market selection, its mode of entry, and its standardization of its marketing approach.
Some economic policies to stimulate the economy : From time to time, governments launch some economic policies to stimulate the economy. In recent years the US government has initiated economic stimulus packages to help the sluggish US economy. Among other thing, these packages include a one-time pa..
Where do companies report it in a balance sheet : What is comprehensive income? How does comprehensive income differ from net income? Where do companies report it in a balance sheet?
Companies use what to forms to raise funds : Companies use what to forms to raise funds? Provide examples of each Companies use what to forms to raise funds? Provide examples of each

Reviews

Write a Review

Business Economics Questions & Answers

  For budget spent entirely on two goods

For a budget spent entirely on two goods, an increase in the price of one will necessarily decrease the consumption of both if both goods are normal.

  According to the fisher equation

According to the Fisher equation, if a bank extends a loan for 3% and the inflation rate ends up being 5%:

  Find where diminishing marginal productivity begins

In the table you just filled out, find where diminishing marginal productivity begins. Specifically, which is the first worker to add less marginal output than the previous worker?

  Sale of used goods do not add to income of a country

Why do sale of used goods do not add to income of a country in a particular year? If you think of income as the inflow in your bank account. All outflows are just expenditures. So I think of income as how much stuff can someone buy in a particulate y..

  Unemployment is the natural rate-unemployment rises

The steady-state rate of unemployment is U/L = s/(s+f). Suppose that the unemployment rate does not begin at this level. Show that the unemployment rate will evolve over time and reach this steady state.

  Analyze the forms of aid to developing nations

Analyze the forms of aid to developing nations and determine which have the greatest and least amount of impact on a country during a natural disaster.

  Offer policies covering all of firms employees

Group health plans, that offer policies covering all of a firm's employees, can partly address the adverse selection problem by:

  Application of the harrod-domar model

In an application of the Harrod-Domar model, suppose the only final-goods industry in a country is the making of cotton shirts. The factories, machinery and warehouses used in production were purchased previously and are still worth $3 billion. Each ..

  Explain how the following events would affect the demand

Explain how the following events would affect the demand for labor. A new education program administered by the company increases labor's marginal product.

  Consider small open economy operating fixed exchange rate

Consider a small open economy operating a fixed exchange rate. Compare the effects on domestic real GDP of an increase in government spending under each of the following circumstances:

  Developed as a global application or as a local application

If you were a manager in a company that operates in many countries, what criteria would you use to determine whether an application should be developed as a global application or as a local application?

  Labor and capital costs

If each test provides$6 net marginal revenue before labor and capital costs, is expansion advisable? Show all your work and explain your answer well.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd