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

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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.

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quiz_12 - Georgia Southern University College of Business...

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