The estimated regression equation

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Reference no: EM13836951

The estimated regression equation is:

Advertising=- 43.8+0.019 Sales+0.479 Advertising (-1)

(-1) means last year, R -sq=0.96, F=233.4

1. As sales in current year increases $1, Advertising change in next year?

2. As sales in current year increases $1, Advertising change in two years?

Reference no: EM13836951

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