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Find the equation of the regression line

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Reference no: EM132563536

Question 1: Calculate the correlation coefficient between advertising (x) and sales (y).

Year                      000 Advertising               000 Sales

2009                        10                           200

2010                        11                           220

2011                         12                         230

2012                         13                        250

2013                         14                        260

2014                          15                       300

Question 2: Describe the relationship between advertising and sales.

Question 3: Find the equation of the regression line.

Question 4: Plot the data for the annual sales versus advertising on a scattergram using the paper below. Start the x axis from 100 and the y axis from 8.

Reference no: EM132563536

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