During an advertising campaign, the number of commercials and the sales level were recorded for each...
During an advertising campaign, the number of commercials and the sales level were recorded for each of six different intervals: Commercials Sales 27 32 41 52 39 51 4 5 6 Compute the covariance and the coefficient of correlation to measure how the number of commercials (X) and sales level (Y) are related to one another. First, in the following table, check the box to the left of each quantity if you need to compute that quantity in order to...
Answer options to last part: Weak or nonexistent/strong,
Positive/negative, only slightly lower/only slightly
higher/higher/lower
During an advertising campaign, the number of commercials and the sales level were recorded for each of six different intervals: Commercials Sales 4 5 5 2 6 27 32 41 52 39 51 Compute the covariance and the coefficient of correlation to measure how the number of commercials (X) and sales level (Y) are related to one another. First, in the following table, check the box...
Using the data in the frequency table below compute the correlation
coefficient between advertising expenditure and sales. The data represent
the number of months in which advertising expenditure was in a particular
class AND sales were in a certain range. (17)
(c) Interpret the result, explaining what the coefficient of determination means
and how it can be used. (2) [20]
Sales (R'000s)
10-19 20-29 30-39 40-49 50-59
100-199 12 3 0 2 0
Ad. expend. 200-299 0 8 3 4...
Design a spreadsheet to determine the impact on ad quality of
paying for three draft commercials.
Write your answer/solution on word processor and submit as an
attachment.
DRAFT TV COMMERCIALS Your client directs TV advertising for a large corporation that currently relies on a single outside advertising agency. For years, ads have been created using the same plan: The agency creates a draft commercial and, after getting your client's approval, completes production and arranges for it to be aired has...
A study was conducted with vegetarians to see whether the number of grams of protein each ate per day was related to diastolic blood pressure. The data are given here. Grams x Pressure y 4 6.5 5 5.5 8 10 9 8.2 73 79 83 82 84 92 88 86 10.5 95 1. Plot the data points on graph paper. 2. Compute and interpret the coefficient of correlation between the Grams (x) and Pressure (y). 3. Conduct a "4" test...
36, Max believes that the sales of coffee at his coffee shop depend upon the weather. He has taken a sample of 5 days. Below you are given the results of the sample. Cups of Coffee Sold 350 200 Temperature 50 60 210 100 70 80 60 90 40 100 Which variable is the dependent variable? a. of Coffee sold Cups b. Compute the least squares estimated line. Compute the correlation coefficient between temperature and the sales of coffee. c....
Q: A car dealer sells X cars each day and always tries to sell
an extended warranty on each of these cars. Let Y be the number of
extended warranties sold, then Y >= X. The joint pmf of X and Y
is given by:
**Please give the step by steps with details to
completely see how the solution came about.
1) The joint pmf of X and Y is given by: f(x,y) =
c(x+1)(4-x)(y+1)(3-y), x=0,1,2,3 y=0,1,2 with y
x....
an economist is studying the job market in Denver area neighborhoods. Let x represent the total number of jobs in a given neighborhood, and let y represent the number of entry-level jobs in the same neighborhood. A sample of six Denver neighborhoods gave the following information (units in hundreds of jobs). x 17 3051 2850 25 Complete parts (a) through (e), given Ex - 201, 2y = 26, 2x - 7699, y - 150. Lxy - 1027, and re 0.822....
A study was done to look at the relationship between number of movies people watch at the theater each year and the number of books that they read each year. The results of the survey are shown below. Movies 6 4 7 10 2 3 6 7 9 10 3 2 Books 6 8 6 4 14 9 11 5 9 8 12 9 Find the correlation coefficient: r=r= Round to 2 decimal places. The null and alternative hypotheses for correlation...
The coefficient of linear correlation between the sales and the number of employees is found to be r=-0.66. Which of the following values cannot be the slope of the line of the linear regression? -2.7 . -1.8 -1.9 1.5 QUESTION 28 Management of a soft-drink bottling company wants to develop a method for allocating delivery costs to customers. The manager wants to analyze the relation between the time required to unload the cases of soft drink at the delivery point...