What is excel trendline tool

Reference no: EM131438986

Question: A consumer products company has collected some data relating to the advertising expenditure and sales of one of its products:

Advertising cost	Sales
$300	$7000
$350	$9000
$400	$10000
$450	$10600

What type of model would best represent the data? Use the Excel Trendline tool to find the best among the options provided.

Reference no: EM131438986

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