Solved

A Regression Analysis Has Shown That There Is a Definite

Question 27

Multiple Choice

A regression analysis has shown that there is a definite, positive relationship between sales dependent variable) and advertising and sales promotion all units in dollars) .The estimated relationship is sales = 3) advertising + 1) sales promotion + 1,500.Based on the given information


A) all marketing resources should be allocated to advertising, if possible.
B) all marketing resources should be allocated to sales promotion, if possible.
C) the allocation between advertising and sales promotion should be split in the ratio 3 to 1 in all circumstances.
D) none of the above.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents