Dollars for a small swimming pool supplies company

Reference no: EM131049972

The regression equation below shows the relationship between dollars spent on weekly advertising and value of weekly sales in hundreds of dollars for a small swimming pool supplies company.
Y = 30 + 3X
(a) If no money is spent on advertising one week, what value of sales can be predicted?
(b) If $200 is spent on advertising, what estimate of sales can be made?

Reference no: EM131049972

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