Soft Drink Sales Narrative
A soft drink distributor was interested in examining the relationship between the number of ads (x) for his product during prime time on a local television station and the number of sales per week (y) in 1000s of cases. She compiled the figures for 20 weeks and computed the following summary information: n = 20, 
and 
.
-Refer to Soft Drink Sales Narrative. If the soft drink distributor ran 21 TV ads per week for her product, what would you predict her sales to be?
Definitions:
Qualitative Analysis
The examination of non-quantitative aspects of a company or its market, such as management quality or sector conditions.
Market Rate of Interest
The prevailing rate of interest observed in the marketplace for securities of similar risk and maturity profiles.
Bond Selling For
Bond Selling For indicates the current market price at which a bond is being traded, which can be at a discount, at par, or at a premium relative to its face value.
Coupon
A payment to the holder of a bond made periodically until the bond matures, typically representing interest on the bond.
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