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Other Fields Homework Help Accounting Topic started by: shopaka12 on Jul 22, 2024

Title: This scatterplot is from Lab 3-3 Excel: Using Scatterplots and Regression to Evaluate the ...
Post by: shopaka12 on Jul 22, 2024

This scatterplot is from Lab 3-3 Excel: Using Scatterplots and Regression to Evaluate the Relationship between Advertising Expenditures and Sales. Advertising is on the x-axis and sales are on the y-axis. What does the scatterplot suggest about the relationship between advertising and sales?

A scatter plot plotted for Advertising Expenditures versus Sales. The vertical axis ranges from 995,000 to 1,030,000 and the horizontal axis ranges from 50,000 to 56,000. A dotted line titled linear rises from (50,500, 1,005,000) to (54,500, 1,018,000). Dots are scattered above and below along the line.

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Positively correlated

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Negatively correlated

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No discernible correlation.

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Cannot be determined

Title: Re: This scatterplot is from Lab 3-3 Excel: Using Scatterplots and Regression to Evaluate the ...
Post by: strawberry8971 on Jul 22, 2024

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