The correlation coefficient of promotional accounts and competing brands shows a Let the promotional accounts be the dependent variable. O moderate positive correlation. Ohigh positive correlation moderate negative relationship. low negative relationship

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter3: Straight Lines And Linear Functions
Section3.3: Modeling Data With Linear Functions
Problem 15SBE
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The correlation coefficient of promotional accounts and competing brands shows a
Let the promotional accounts be the dependent variable.
moderate positive correlation.
Ohigh positive correlation
Omoderate negative relationship.
low negative relationship
Transcribed Image Text:The correlation coefficient of promotional accounts and competing brands shows a Let the promotional accounts be the dependent variable. moderate positive correlation. Ohigh positive correlation Omoderate negative relationship. low negative relationship
For item 1 to 5, referring to Table 3.5.
Consider the ff. data set, in which a maker of asphalt shingles is interested in the relationship between sales for a
particular year and factors that influence sales. Y- sales(in thou $); X1- promotional accounts; X2- active accounts;
X3- competing brands; X4- potential
Table 3.5
Y
X1 X2 X3
X4
291.9 9 56
10
160 4 42
4
339.4 6.5 73
16
159.6 5.5 60 11 7
86.3 5 44 12 12
237.5 6
50 6
6
107.2 5
39
4
6805
10
Transcribed Image Text:For item 1 to 5, referring to Table 3.5. Consider the ff. data set, in which a maker of asphalt shingles is interested in the relationship between sales for a particular year and factors that influence sales. Y- sales(in thou $); X1- promotional accounts; X2- active accounts; X3- competing brands; X4- potential Table 3.5 Y X1 X2 X3 X4 291.9 9 56 10 160 4 42 4 339.4 6.5 73 16 159.6 5.5 60 11 7 86.3 5 44 12 12 237.5 6 50 6 6 107.2 5 39 4 6805 10
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