Assess the effectiveness of television ad campaigns


Question: Universal Motors (UM) is hoping to both assess the effectiveness of its television ad campaigns and plan for future ad budgeting. UM has been running local ads in 400 different regions. The firm has collected cross-sectional data across all 400 regions, containing regional advertising expenditure, revenue per capita, and several other variables.

 

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Accounting Basics: Assess the effectiveness of television ad campaigns
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