Leman Suitcase Company
The Leman Suitcase Company is trying to decide which independent variable would be a better predictor of advertising expense.The following regressions were run using sales dollars and units sold as the independent variables.
Regression Analysis #1
Dependent variable - Advertising Expense
Independent variable - Sales Dollars

Regression Analysis #2
Dependent variable - Advertising Expense
Independent variable - Units Sold

Refer to the Leman Suitcase Company.Using sales dollars as the independent variable,what would be the prediction of advertising expense if sales are expected to be $80,000?

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Leman Suitcase Company
The Leman Suitcase Company is trying to decide which independent variable would be a better predictor of advertising expense.The following regressions were run using sales dollars and units sold as the independent variables.
Regression Analysis #1
Dependent variable - Advertising Expense
Independent variable - Sales Dollars
  
Regression Analysis #2
Dependent variable - Advertising Expense
Independent variable - Units Sold
  
Refer to the Leman Suitcase Company.Using sales dollars as the independent variable,what would be the prediction of advertising expense if sales are expected to be $80,000?

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The Answer of Leman Suitcase Company
The Leman Suitcase Company is trying to decide which independent variable would be a better predictor of advertising expense.The following regressions were run using sales dollars and units sold as the independent variables.
Regression Analysis #1
Dependent variable - Advertising Expense
Independent variable - Sales Dollars
  
Regression Analysis #2
Dependent variable - Advertising Expense
Independent variable - Units Sold
  
Refer to the Leman Suitcase Company.Using sales dollars as the independent variable,what would be the prediction of advertising expense if sales are expected to be $80,000?

Leman Suitcase Company The Leman Suitcase Company Is Trying to Decide Which Independent