Determine the equation that relates ads and increased sales


Problem:

Sally has been running the following number of ads in the local newspaper to help attract customers into her store. She has also been keeping track of customers who have come into the store as a result of the ads, as well as the amount of money they spend.

This is the data from the last 4 weeks:

Number of Ads: Increased Sales:

16 330
12 270
18 380
14 300

Determine the equation that relates ads and increased sales.

Solution Preview :

Prepared by a verified Expert
Other Management: Determine the equation that relates ads and increased sales
Reference No:- TGS01999455

Now Priced at $20 (50% Discount)

Recommended (93%)

Rated (4.5/5)