Below shows the advertising costs and corresponding sales of JBC Holdings for 10 years Advertising Costs(In Million Pesos) Sales(In Million Pesos) 7.4 7.5 8.5 9.0 9.0 11.0 13.0 14.0 14.5 16.0 30.0 25.0 31.5 27.5 39.5 38.0 43.2 49.0 55.0 48.5   Estimate the regression line.   A. Y = 6.375 + 2.943x   B. Y = 6.375 - 2.943x   C. Y = 2.943 + 6.375x   D. Y = 2.943 - 6.375x

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 4GP
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Below shows the advertising costs and corresponding sales of JBC Holdings for 10 years

Advertising Costs(In Million Pesos)

Sales(In Million Pesos)

7.4

7.5

8.5

9.0

9.0

11.0

13.0

14.0

14.5

16.0

30.0

25.0

31.5

27.5

39.5

38.0

43.2

49.0

55.0

48.5

 

Estimate the regression line.

 

A.

Y = 6.375 + 2.943x

 

B.

Y = 6.375 - 2.943x

 

C.

Y = 2.943 + 6.375x

 

D.

Y = 2.943 - 6.375x

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