A Regression Analysis Between Sales (Y)and Advertising (X)(both in Dollars)resulted

question 11

Multiple Choice

A regression analysis between sales (Y) and advertising (X) (both in dollars) resulted in the following equation: = 100 + 2000X The above equation implies that an

• A)increase of $1 in advertising is correlated with an increase of $2,000 in sales.
• B)increase of $1 in advertising is correlated with an increase of $2 in sales.
• C)increase of $1 in advertising is correlated with an increase of $100 in sales.
• D)increase of $1 in advertising is correlated with an increase of $2100 in sales.

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Definitions:

Ebbinghaus

Refers to Hermann Ebbinghaus, a psychologist known for his research on memory, specifically the forgetting curve and the spacing effect.

Forgetting Curve

A hypothesized graph showing the decline of memory retention in time, illustrating how information is lost over time when there is no attempt to retain it.

Cornell System

A note-taking system that divides a page into three sections: cues, notes, and summary, to organize information efficiently.

Informal Outline

A rough or unstructured framework guiding the planning and organization of a writing piece or speech.