need help, Basic Statistics

Assignment Help:
PART 1
Shown below are the sales revenue and advertising cost data for seven
companies published by International Advertising Age.
COMPANY ADVERTISING ($ MILLIONS) SALES ($ BILLIONS)
Wal-Mart 1,073 351.1
Ford Motor 2,577 160.1
Airbus 4,898 68.2
Reuters Group 2,822 93.2
ATT 3,345 63.1
Fujifilm 829 91.7
Toyota 3,296 207.3
Use the above data to develop a regression line to predict the amount of advertising by
sales. Compute the ‘r2’ from the regression output.
Discuss, in at least 150 words, regression models and identify their relative strengths
and weaknesses.

Related Discussions:- need help

Cost of accounting, what are different method of classifying overhead? indi...

what are different method of classifying overhead? indicate the advantag

#titlelinear regression.., regression line drawn asY=C+1075x,when x was 2,a...

regression line drawn asY=C+1075x,when x was 2,and y was239,given that y intercept was11.calculate the residual.

Wae optic, can we polarize sunlight by the help of Polaroid disc?

can we polarize sunlight by the help of Polaroid disc?

Introduction to finance and accounting, How can I use a balance sheet to do...

How can I use a balance sheet to do assignment with some adjustment? do I have to make transaction of each adjustment, and after that I change the balance sheet afterward?

Marketing research field surveys, In marketing research field surveys ar...

In marketing research field surveys are commonly used to collect primary data from the respondents. 1. Through Personal Interviews: The investigator follows a rigid proced

Sum, 3. In a management class of 100 students’ three languages are offered ...

3. In a management class of 100 students’ three languages are offered as an additional subject viz. Hindi, English and Kannada. There are 28 students taking Hindi, 26 taking Hindi

Find a strategy which replicates the payoff, Rocco works for an internation...

Rocco works for an international arms dealer who has just publicly listed. What with the world being how it is these days, there's money to be made on more than just selling the to

Types of assets, explain different types of assets..

explain different types of assets..

Write Your Message!

Captcha
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!

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