You are the Filipino analyst hired by the multinational company to study the sales data of its more than 75 stores worldwide. You used regression analysis to predict $ sales (y) by using $ advertising...


You are the Filipino analyst hired by the multinational company to study the sales data of its more than 75 stores worldwide. You used regression analysis to predict $ sales (y) by using $ advertising (x1) and $ salary of sales representatives (x2) across all the branches. You obtained the following regression function: y = 7800 + 8.5x1-1.6x2


If the advertising budgets of one of the branches of the corporation increased by 10% and the salary of sales representatives decreased by 20%, then its predicted sales will?



Jun 05, 2022
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