The financial manager at the casa real restaurant is

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High-low method; regression analysis. (CIMA, adapted) Anna Martinez, the financial manager at the Casa Real restaurant, is checking to see if there is any relationship between newspaper advertising and sales revenues at the restaurant. She obtains the following data for the past 10 months:

 

Month

Revenues

Advertising Costs

March

$50,000

$2,000

April

70,000

3,000

May

55,000

1,500

June

65,000

3,500

July

55,000

1,000

August

65,000

2,000

September

45,000

1,500

October

80,000

4,000

November

55,000

2,500

 

Reference no: EM13575702

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