Relationship between sales and amount spent on advertising


Smith's Appliances is evaluating its advertising budget. The owner is trying to decide if the budget needs to be altered or not. The question: Is there a positive return on the investment that is being made in advertising? What is the relationship between sales and the amount spent on advertising? The owner collected data for the past year by month. The data is in millions of dollars.

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Basic Statistics: Relationship between sales and amount spent on advertising
Reference No:- TGS0115439

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