used car company believes that there is a relationship between the amount spent on advertising and its sales. Data collected for 6 years are as follow: Amount spent on advertising Sales ($thousands) ($millions) 2.0 1 3.0 3 2.5 4 2.0 2 2.0
A used car company believes that there is a relationship between the amount spent on advertising and its sales. Data collected for 6 years are as follow:
Amount spent on advertising Sales
($thousands) ($millions)
2.0 1
3.0 3
2.5 4
2.0 2
2.0 1
3.5 7
1. Identify the dependent and independent variable.
Step by step
Solved in 2 steps
