A company collected data on its sales revenue and advertising expenditures for its first eight years in business with the results shown. (Units are in millions of dollars). Which one of the following...

A company collected data on its sales revenue and advertising expenditures for its first eight years in<br>business with the results shown. (Units are in millions of dollars). Which one of the following<br>statements is true?<br>advertising ()<br>sales (y<br>1.4<br>180<br>1.6<br>2.0<br>2.2<br>215<br>1.6<br>2.0<br>2.4<br>2.6<br>184<br>190<br>220<br>186<br>205<br>240<br>E=1.975 j = 202.5<br>SS<br>= 1.235 SS.y<br>51.9 SSyy<br>=3152<br>O The slope is positive and the correlation coefficient is positive<br>The slope is positive and the correlation cocfficient is negative<br>O The slope is negative and the correlation coofficient is positive<br>The slope is negative and the correlation cocfficient is negative<br>

Extracted text: A company collected data on its sales revenue and advertising expenditures for its first eight years in business with the results shown. (Units are in millions of dollars). Which one of the following statements is true? advertising () sales (y 1.4 180 1.6 2.0 2.2 215 1.6 2.0 2.4 2.6 184 190 220 186 205 240 E=1.975 j = 202.5 SS = 1.235 SS.y 51.9 SSyy =3152 O The slope is positive and the correlation coefficient is positive The slope is positive and the correlation cocfficient is negative O The slope is negative and the correlation coofficient is positive The slope is negative and the correlation cocfficient is negative

Jun 08, 2022

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A company collected data on its sales revenue and advertising expenditures for its first eight years in business with the results shown. (Units are in millions of dollars). Which one of the following...

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