# 36) A regression analysis between sales, in $1,000, and advertising, in $100, resulted in the following least squares line: Sales' = 75 + 6*(Advertising). This implies that if advertising is $800, sales will be

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### statistics

A regression analysis between sales (in $1000) and advertising (in $100) resulted in the following least squares line: = 75 + 6x. This implies that if advertising is $800, then the predicted amount of sales (in dollars) is: A) $4875 B) $123,000 C) $487,500 D) $12,300

### statistics

a sales manager used linear regression to find the positive linear relationship between advertising expenditures and sales. The amount of advertising expenditures used to generate the regression equation ranged from $8,000 to $45,000. The sales manager wants to use the ...

### marketing

Your company’s sales are 50,000 units. The unit variable cost is $12. Your markup percent on sales is 40% and your fixed costs are $100,000. 1. What is your profit / loss? $100,000 You are thinking of increasing your advertising by $200,000. Based on previous data, you know ...

### accounting

Your company’s sales are 50,000 units. The unit variable cost is $12. Your markup percent on sales is 40% and your fixed costs are $100,000. 1. What is your profit / loss? You are thinking of increasing your advertising by $200,000. Based on previous data, you know that for ...

### Calculus

The relationship between the amount of money x that Cannon Precision Instruments spends on advertising and the company's total sales S(x) is given by the following function where x is measured in thousands of dollars. S(x) = -0.002x3 + 0.9x2 + 4x + 500 (0 x 200) Find the rate ...

### managerial economics

A company wants to estimate how effective different types of advertising are for promoting its products. Specifically, the company is interested in estimating the effectiveness of radio advertising and newspaper advertising. A sample of 50 cities is selected for the study ...

### Econ

A firm faces the following sales function: Q=5,000-10P+40A+PA-0.8A^2-0.5P^2 where Q is sales, P is price(dollars), and A is advertising expenditures (in hundreds of dollars). Calculate the price and advertising levels that maximize sales. I don't know what to do with it with ...

### algebra

the revenue for a sandwich shop is directly proportinal to its advertising budge. when the owner spent 2000. a month on advertising, the revenue was $120,000. if the revenue is now $ 180,000 how much is the owner spending on advertising? The 50% increase in reveune implies ...

### Multiple regression

1) Estimate a multiple regression equation to predict the price of houses in a given community. Employ all available explanatory variables. Is there evident of of multi-collinearity in this model? Explain your response and the associated implications. 2) The owner of a ...

### math 115

The following information shows a relationship between the amount spent perweek on advertising by a small fast-food shop and the total sales per week: Use this information to make a line graph and then predict the weekly sales associated with the expenditure of $50 (per week) ...

### Statistics

A household appliance manufacturer wants to analyze the relationship between total sales and the company's three primary means of advertising (television, magazines, and radio). All values are in millions of dollars. They found the following regression equation. Sales = 250 + ...

### economics

The table shows the relationship for a hypothetical firm between its advertising expenditures and the quantity of its out-put that it expects it can sell at a fixed price of $5 per unit. Advertising Quantity Sold at P = $5/IN Expenditures (millions) Million Units $1 8 $1.2 9 $...

### MAT115

The following information shows a relationship between the amount spent per week on advertising by a small fast-food shop and the total sales per week. Use it to answer question 5. Amount spent 10 20 30 40 Sales 200 380 625 790 Predict the weekly sales associated with the ...

### math

a company's monthly sales, in thousands, is given by s(x,y)=9x^.8y^.5. where x is the amount spent on newspaper advertising per month in thousands of dollars and y is the amount spent on radio advertising per month in thousands of dollars. Suppose the comany currently spends $...

### statistics

The ABC Company has been evaluating the performance of two advertising agencies it deals with. They produce the following scatterplot of sales against advertising expenditures.

### economics

According to a survey of U.S. firms, the advertising elasticity of demand is only about 0.003. Does this indicate that firms spend too much on advertising? It does not indicate too much is being spent. A 100% increase in advertising would translate into a .3% increase in sales...

### Agriculture

1; What is advertising 2; 5 media mean s of advertising 3; roles of science and technology in advertising 4; 5 benefits of advertising.

### Statistics

Regression analysis was applied between sales data (in $1,000s) and advertising data (in $100s) and the following information was obtained. ~ y = 12 + 1.8x n = 17 SSR = 225 SSE = 75 sb1 = 0.2683 Refer to Exhibit 12-3. The critical F value at a = 0.05 is a. 3.59 b. 3.68 c. 4.45...

### economics

1)The director of marketing at Vanguard Corporation believes the sales of the company’s Bright Side Laundry detergent (S) are related to Vanguard’s own advertising expenditure (A), as well as the combined advertising expenditures of its three biggest rival detergents R). ...

### math

A cereal company finds that the number of people who will buy one of its products in the first month that it is introduced is linearly related to the amount of money it spends on advertising. If it spends $40,000 on advertising then 100,000 boxes of cereal will be sold, and if...

### economics

aztec enterprises depends heavily on advertising to sell its products. management at aztec is allowed to spend $2million monthly on advertising, but no more than this amount. each month, aztec spends exactly $2million on advertising. what is aztec's elasticity of demand for ...

### Marketing

Advertising turns off some people. They say that it insults their intelligence, and advertising claims are often untrue. Advertising is just used to 'sell thenm something". Others argue that advertising is beneficial and actually provides value for consumers. What are the ...

### economic

why it is incorrect to advertise up to the point that the last dollar of advertising generates another dollar of sales? What is the correct rule for the marginal advertising dollar ??

### Algebra 2

Designer Dolls, Inc. found that the number N of dolls sold varies directly with their advertising budget A and inversely with the price P of each doll. The company sold 1,800 dolls when $34,000.00 was spent on advertising, and the price of a doll was set at $25.00. Determine ...

### Stats

Observations are taken on sales of a certain mountain bike in 30 sporting goods stores. The regression model was Y = total sales (thousands of dollars), X1 = display floor space (square meters), X2 = competitors’ advertising expenditures (thousands of dollars), X3 = ...

### statistics

A manager for a firm that sells advertising space in magazines and periodicals is considering a number of new initiatives to recognize high-performing members of her sales force. Assume that the annual sales revenue for members of her sales force is normally distributed with a...

### Marketing

D)Assume that you have $100,000 extra to spend on promotion of consumer product. On what basis would you decide whatever to spend it on advertising, sales people, or sales promotion items such as T-shirts.

### math, correction

The revenue for a sandwich shop is directly proportional to its advertising budget. When the owner spent $2000 a month on advertising, the revenue was $120,000. If the revenue is now $180,000, how much is the owner spending on advertising? Formula: rev = k (ad bud) 120,000 = k...

### business and finance

The revenue for a sanwich shop is directly proportional to its advertising budget. When the owner spent $2000 a month on advertising,the revenue was $120,000. If the revenue is now $180,000, how much is the owner spending on advertising? Please Help!! Set up a proportion. $2,...

### Entrepreneurship

1. After you have put a marketing plan in place, it is important to do what? A) Monitor the results. B) Increase the price. C) Reduce your advertising. D) Segment the market. Is the answer A? 2. Using advertising to promote a company instead of a product or service is called ...

### Accounting

A company has two major businesses that it operates. One business manufactures and sells unicycles for commercial use in circuses, etc. (total sales of $150M), and the other sells bicycles to the public (total sales of $20M). The unicycle business occupies 75,000 square feet ...

### Accounting

A company has two major businesses that it operates. One business manufactures and sells unicycles for commercial use in circuses and so forth (total sales of $150M), and the other sells bicycles to the public (total sales of $20M). The unicycle business occupies 75,000 square...

### Math

From the ff. account balances picked up from the ledger of Morgan Industries on July 15, 2008, prepare a trial balance in good form Morgan, Drawing Drawing 1, 800 Accounts Payable 38, 000 Land 30,000 Sales Discount 3, 600 Purchase Returns and Allowances 3,000 Insurance 1,800 ...

### Communications

Consider how free speech supports the right to circulate goods, services, and images in the marketplace. In addition, consider how free speech in advertising has raised concerns about advertising manipulation, especially with regard to children, teens, and health. Discuss in ...

### communications

• Consider how free speech supports the right to circulate goods, services, and images in the marketplace. In addition, consider how free speech in advertising has raised concerns about advertising manipulation, especially with regard to children, teens, and health. • ...

### Math

Dan's business makes $75,000 a year. He spends 6% of that on advertising. How much does he spend on advertising?

### Math Urgent!

A manufacturer has recorded the profit P (in dollars) when there is a monthly advertising expenditure of A dollars. The data is recorded in the following table. A 200 500 800 1100 1300 P 8030 14,480 14,630 8480 860 (a) Find a quadratic model for pro fit as a function of ...

### Math

A retail store estimates that weekly sales s and weekly advertising costs x (both in dollars) are related by s=50000−430000e^(−00009x) The current weekly advertising costs are 2000 dollars and these costs are increasing at the rate of 300 dollars per week. Find the...

### math

Money made for a sandwich shop was directly proportional to its advertising budget. When the owner spent $2000 a month on advertising, the revenue was $120,000. If the revenue is now $180,000, how much is the owner spending on advertising? 120,000 simplest way: by ratio 2000:...

### MATH- LINEAR PROGRAMMING

THE PENN-OHIO BUILDING COMPANY BUILDS AND SELLS TWO TYPES OF HOUSES:"CLEVELAND CASTLES" AND "PITTSBUTGH PALACES". CONTRACTS CALL FOR USING TOTALS OF AT LEAST 20,000 FT OF FRAMING LUMBER AND 8,000 CUBIC FT OF CONCRETE; AND AT LEAST $9,000 FOR PROMOTION AND ADVERTISING. EACH ...

### Economics

2. Advertising can inform buyers, but sellers must incur costs to advertise. If so, advertising can result in higher prices to consumers. Does this mean advertising is economically inefficient? If not, explain how it can simultaneously create value and increase market prices.

### Algebra2

The piper Ad Agency claims that for every dollar spent on magazine advertising, monthly profit will increase by $5.00. You presently spend $5,000 on magazine advertising and your monthly profit is $12,000. What will be your profit if you spend $7500 on magazine advertising? I ...

### math

Use this information to calculate the following: Sales returns $ 700 Rent expense 1,288 Sales discounts 950 Depreciation expense 600 Cost of merchandise sold 7,600 Gross sales 20,900 Advertising expense 1,650 Salary expense 2,900 Heat expense 900 A. Net sales Net sales =

### Economics

1)The director of marketing at Vanguard Corporation believes the sales of the company’s Bright Side Laundry detergent (S) are related to Vanguard’s own advertising expenditure (A), as well as the combined advertising expenditures of its three biggest rival detergents R). ...

### Math( help please ! )

The profit p(x) of a cosmetics company , in thousands of dollars . is given by p(x) =-5t^2=400x-2550, where x is the amount spent on advertising in thousands of dollars a) determine the maximum profit the company can make b) dtermine the amount spent on advertising that will ...

### college - Advertising

Hi there, What is the criticisms of advertising? Any sites that talk about the criticisms of advertising?

### Math Alg2

The number of computers sold by BCC depends on the dollar amount, x, that they spend on advertising. How many computers will they sell by spending $100,000 on advertising? Round to the nearest whole number and do not include units in your answer.

### Economics

Give at least one example of a form of advertising that influences consumer behavior — that is, advertising that persuades people to buy a good or service that otherwise would not have purchased.

### Math

Dan's business makes $75,000 a year. He spends 6% of that on advertising. How kuch does he spend on advertising? Here's what I did: .06 • x = $75,000 Sorry, I'm kind of stuck around here, I don't really know if "$75,000" should be either part or total. But anyways, thank you!

### Math- Alg 2

The number of computers sold by BCC depends on the dollar amount, x, that they spend on advertising. How many computers will they sell by spending $80,000 on advertising? Round to the nearest whole number and do not include units in your answer. N(x) = 100 + 20 * In(0.25x)

### Pre-Calc

A company produces portable cassette players estimates that the profit P (in dollars) for selling a particular model is P=-76x^3+4830x^2-320,000, 0 ≤ x ≤ 50, where x is the advertising expense (in tens of thousands of dollars). Using this model, find the smaller of...

### Marketing

9. The annual planning at Century Office Systems, Inc. had been arduous but produced a number of important marketing initiatives for the next year. Most notably, company executives had decided to restructure its product-marketing team into two separate groups: (1) Corporate ...

### Math( help please ! )

The profit p(x) of a cosmetics company , in thousands of dollars,is given by p(x)=-5x^2+400x-2550, where x is the amount spent on advertising , in thousands of dollars a) determine the max profit the company can make b)Determine the amount spent on advertising that will result...

### algebra

An advertising agency conducted a survey and found that the number of units sold, N, is related to the amount, a, spent on advertising (in dollars) by the following formula:

### Math

The profit p(x) of a perfume company , in thousands of dollars,is given by p(x)=-5x^2+400x-2550, where x is the amount spent on advertising , in thousands of dollars a) determine the max profit the company can make b)Determine the amount spent on advertising that will result ...

### algebra

An advertising agency conducted a survey and found that the number of units sold, N, is related to the amount a spent on advertising (in dollars) by the following formula: N = 4,500 + 200 ln a (a ¡Ý 1)How many units are sold after spending $1,000?

### math

An advertising agency conducted a survey and found that the number of units sold, N, is related to the amount a spent on advertising (in dollars) by the following formula: N = 1,500 + 300 ln a (a ≥ 1) How many units are sold after spending $1,000?

### Maths

A national record distribution company sells records and tapes by mail only. A promotion program is planned for a major metropolitan area for a new country western album. The target audience is estimated at 800,000. Past experience indicates that for this city and this type of...

### Math

Designer Dolls, Inc. found that the number of dolls sold, N, varies directly as their advertising budget, A, and inversely as the price of each doll, P. Designer Dolls, Inc. sold 12,000 dolls when $50,000 was spent on advertising and the price of the doll was set at $50. ...

### statistics

1)According to past record the average daily sales for a sporting goods store was $3456.00. After a new advertising campaign, the manager wants to see if the average daily sales have changed. A random sample of 20 days gives a sample mean of 3655 with a standard deviation of $...

### stats

below is the sales experience(in months) and the number of computers sold the the previous month of seven sales people. Experience 4 12 9 6 10 30 7 Sales 19 42 28 31 39 30 21 Using the Minitab info write the straight line(least squares) equation and the correlation coefficent...

### accounting, departmental accounts

P/S: Pls help me to solve this problem. i really don't get it and i have to present the answer in front of the classroom by next week. from the following list of balances you are required to prepare a departmental trading and profit and loss account in columnar form for the ...

### math

The profit p(x) of a cosmetics company in thousands of dollars is given by P(x) = -5x^2 + 400x - 2550, where x is the amount spent on advertising, in thousands of dollars. What amount must be spent on advertising to obtain a profit of at least $4 000 000?

### math

An advertising agency conducted a survey and found that the number of units sold, N, is related to the amount 'a' spent on advertising (in dollars) by the following formula: N= 1,500 + 400 ln a ( a ¡Ý 1 ) How many units are sold after spending $ 1,000 (to the nearest hole ...

### math

Designer Dolls, Inc. found that the number N of dolls sold varies directly with their advertising budget A and inversely with the price P of each doll. The company sold 5200 dolls when $26,000 was spent on advertising and the price of a doll was set at $30. Determine the ...

### college

Discuss the role of advertising in product differentiation and the intent of advertising in altering the firm’s demand curve

### Economics

Discuss the role of advertising in product differentiation and the intent of advertising in altering the firm’s demand curve

### economics

Discuss the role of advertising in product differentiation and the intent of advertising in altering the firm’s demand curve.

### Accounting

You have recently been employed by a large retail chain that sells sporting goods. One of your tasks is to help prepare financial statements for external distribution. The chain's largest creditor, National Savings & Loan, requires that financial statements be prepared ...

### 8th grade

advertising in arecent uear, outdoor advertisements amounted to 2.2% of all advertising dollars spent in the u.s. what fraction is this?

### Algebra

An advertising agency conducted a survey and found that the number of units sold, N, is related to the amount a spent on advertising (in dollars) by the following formula: N = 1,500 + 200 ln a (a ¡Ý 1)How many units are sold after spending $1,000? (Round your answer to the ...

### Math

An advertising agency conducted a survey and found that the number of units sold, N, is related to the amount a spent on advertising (in dollars) by the following formula: N = 1,600 + 300 ln a (a ≥ 1). How much needs to be spent (to the nearest hundred dollars) to sell 4...

### business math115

Coastal Advertising has a staff of sales people like linda, Who is paid monthly salary of $1,050 plus a straight commission of 4.4% on all sales over 8,500. If she sells 9,300 what is her total gross pay for the month.

### college algebra

An advertising agency conducted a survey and found that the number of units sold, N, is related to the amount a spent on advertising (in dollars) by the following formula: N = 2,500 + 400 ln a (a ¡Ý 1) How many units are sold after spending $1,000? (Round your answer to the ...

### Algebra

An advertising agency conducted a survey and found that the number of units sold, N, is related to the amount a spent on advertising (in dollars) by the following formula: N = 6,500 + 400 ln a (a ≥ 1) How many units are sold after spending $1,000? (Round your answer to ...

### algebra

An advertising agency conducted a survey and found that the number of units sold, N, is related to the amount a spent on advertising (in dollars) by the following formula: N = 3,500 + 200 ln a (a ≥ 1) How many units are sold after spending $1,000? (Round your answer to ...

### business and finance

Use this information to calculate the following: Sales returns $ 700 Rent expense 1,288 Sales discounts 950 Depreciation expense 600 Cost of merchandise sold 7,600 Gross sales 20,900 Advertising expense 1,650 Salary expense 2,900 Heat expense 900 A. Net sales B. Gross profit C...

### social studies

explian how communication has made a difference in advertising. i think beacusue now the advertising could spread more faster

### economics

Why is there so much advertising in monopolistic competition and oligopoly? How does such advertising help consumers and promote efficiency? Why might it be excessive at times?

### advertising

although a democracy is based on freedom of expression, most people recognize the need to allow the government to excercise control over such things as false and misleading advertisements or advertisements of illegal products.Is the banning of cigarette advertising on ...

### Advertising-HELP

I need an advertisement which hasn't been banned yet, but that you think should be banned. I don't really pay attention to ads, so I don't know which ones should be banned. I actually have to write a complaint letter on one. Advertising-HELP - Kate, Monday, February 21, 2011 ...

### managerial economics

rubax, a u.s manufacturer of athletic shoes, estiamtes the following linear trend model for shoe sales Qt=a+bt+c1D1+c2D2+c3D3 where Qt=sales of athletic shoes in the t-th quater t=1,2,...,28[1998(I),1998(II),...,2004(IV)] D1=1 if t is quater I (winter); 0 otherwisw D2=1 if t ...

### Economics

1) Lowering the price by 10%. What is the break-even level of output? The company produces specialized glass units and is concerned that, as the market leader, they should be able to make higher profits than they currently are. The firm’s costs are as follows; overheads ‘d...

### math

John O'Sullivan has just completed his first year in business. His records show that he spent the following in advertising: Newspaper $500 Radio $800 Yellow Pages $875 Local flyers $650 What percent of John's advertising was spent on the Yellow Pages? (Round to the nearest ...

### Calc Help

The daily sales, S, in thousands of dollars, is a function of the money, x, spent on advertising (in thousands of dollars) according to: S(x)= -x^3+9x^2+6/6. Find the x-coordinate of the point of diminishing returns. How much money is spent on advertising when you reach the ...

### English

I have to write a report for an international research company about the nature and quality of advertising in my country. I should describe some of the positive and negative aspects of two different forms of advertising - say how effective these advertising methods are. - ...

### Communications/Broadcasting

Identify the major differences between advertising and public relations in 250 to 300 words. Include the public relations and advertising strategies developed by Ivy Ledbetter Lee and Edward Bernays as examples.

### Maths Algebra

The company produces specialised industrial air extraction units and is concerned that, as the market leader, they should be able to make higher profits than they currently are. The firm’s costs are as follows; overheads ‘d’ are £800,000 labour costs per unit ‘e’ ...

### Advertising question, please help!!!!!!!!!!!!!!

How can I prove that advertising GREATLY influences in shaping consumer's purchase decision? So far, I have peer pressure, discounts...I'm not sure if they're even strong ideas :?

### finance

A company wants to invest in a new advertising program. Using the NPV method of capital budgeting, determine the proposal’s appropriateness and economic viability with the following information: • The new program will increase current sales, $10 million, by 20%. •The new...

### Math-Help

A manufacturer has determined that pro t P (in dollars) is a quadratic function of dollars per month a spent on advertising. The relationship is given by p=1+50a-0.1a^2 if a is at most 500 dollars per month -How much should be spent on advertising if pro t is to be a maximum...

### Statistics 15.10

The following data represnt x = boat sales and y = boat trailer sales from 1995-2000. Year 1995 1996 1997 1998 1999 2000 Boat Sales 649 619 596 576 585 574 Boat Trailer Sales 207 194 181 174 168 159 a. Determine the least squares regression line and interpret its slope. b. ...

### Business

Assume that you own a sandwich shop. In looking over last year's income statement you see that the annual sales were $250,000 with a gross margin of 50 percent, or $125,000. The fixed operating expenses were $50,000: the variable operating expenses were 20 percent of sales, or...

### Technology

What is some of the science behind advertising? How do I convey my message while adhering to proper advertising standards? What are these standards? How do I target my audience

### emotinal advertising on life that have a marketing

what is a good marketing focused emotional advertising on living

### Statistics

Using the following Minitab output write the straight line (least squares) equation and the correlation coefficient. The regression equation is Sales = 27.2 + 0.252 Exp Predictor Coef SE Coef T P Constant 27.195 5.781 4.70 0.005 Exp 0.2517 0.4201 0.60 0.575 S = 8.97833 R-Sq = ...

### Art

I still have a few sentences to check. Thank you very much, Writeacher. 1)When an ad tries to create direct contact with people, we can talk about interactive advertising. 2) For example, an important chain of supermarkets in the UK divides (has divided) its customers into ...

### Accounts

The following is the Trial Balance of a trader as at 31st December, 2001: Debit Balances Rs. Credit Balances Rs. Stock (1-1-2001) Sales returns Purchases Freight and carriage Rate, Rent etc. Salaries and wages Sundry debtors Bank Interest Printing and advertisement Cash at ...

### Managerial Economics

This is some HW for a Managerial Econ class. I've got what I think are the answers, and I'd just like someone to read over my reasoning & check my answers. Any assistance is appreciated. Thanks! 2.) A recent study of the Madison, Wisconsin market by Chemyellow, Inc. found that...