your company asked you to analyze the investment of their advertising campaign, you create a scatterplot graph of the advertising dollars spent on advertising x and compare it to the revenue generated y or January to December of the campaign you find the equation of the trend line to be y=2.53x+43. predict the revenue generated if your company invests $200.00 in advertising write the revenue in dollars and cents. The revenue generated for a $200.00 investment in advertising is $ ______?
To find the revenue generated for a $200.00 investment in advertising, we can substitute x = 200 into the equation:
y = 2.53x + 43
y = 2.53(200) + 43
y = 506 + 43
y = 549
Therefore, the revenue generated for a $200.00 investment in advertising is $549.00.