quiz_12 - Georgia Southern University, College of Business...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Georgia Southern University, College of Business Administration BUSA 3131 Business Statistics Fall 2011 Quiz 12 Name: ___ 11/17/11 __ 1. A statistical process called ______ SIMPLE LINEAR REGRESSION ___ can be used to develop an equation showing how variables are related. 2. The variable being predicted by this analysis is called the ____ DEPENDENT _____________ variable. 3. The variable being used to predict the variable in number 2. above is called the ______ INDEPENDENT _______ variable. 4. If a sales manager is interested in predicting sales dollars she might have a series of three possible advertising budgets to compare with three possible sales outcomes. A chart comparing these two variables might look like the following: Ad Expense Sales Revenue Option 1 $ 50,000 $100,000 Option 2 $ 75,000 $150,000 Option 3 $100,000 $200,000 a. Of the two components of this analysis, ad expense and sales revenue, which would be the independent variable? ___ EXPRENSE __________ b. Which would be the dependent variable? ______ REVENUE_ ________ c. Does the chart above suggest a positive or negative relationship between these two variables? ___ positive _________ 5.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 01/30/2012 for the course BUSA 3131 taught by Professor Watson during the Fall '11 term at Georgia Southern University .

Page1 / 2

quiz_12 - Georgia Southern University, College of Business...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online