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:
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