12 May Kramer Smith owns a dry-cleaning service and is th
Kramer Smith owns a dry-cleaning service and is thinking about changing his advertising expenditures for the year. He hires you as a consultant to determine the relationship between sales, consumer incomes, and advertising by means of multiple regression analysis. Smith has gathered the sales, income, and advertising data for the last year, as shown in Table 1. The Sales and Advertising Data (2009) Table 1 Month Sales (y) Advertising (x1) Consumer Income (x2) January 43,000 10,000 41,000 February 40,500 9,000 43,000 March 41,000 11,000 45,000 April 45,900 12,000 47,000 May 47,000 11,000 49,000 June 51,000 12,000 51,000 July 54,000 13,000 53,000 August 57,000 13,000 55,000 September 56,000 14,000 57,000 October 60,000 15,000 58,000 November 61,000 15,800 59,000 December 63,000 16,700 61,000 Using multiple regression, conduct an analysis of the firm’s sales revenue, consumer incomes, and advertising. Describe how you would explain your results to Smith and what recommendations you would suggest. Summarize your recommendations or advice to Smith concerning the relationship between sales, income, and advertising.
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.