The sales revenues for different companies in given

Reference no: EM13470719

Are the advertising dollars spent by a company related to total sales revenue? The following data represent the advertising dollars and the sales revenues for various companies in a given industry during a recent year. Construct a scatter plot of the data from the two variables and discuss the relationship between the two variables.

Advertising (in $millions)	Sales (in $millions)
4.2	155.7
1.6	87.3
6.3	135.6
2.7	99.0
10.4	168.2
7.1	136.9
5.5	101.4
8.3	158.2

Reference no: EM13470719

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