Regression Analysis Paper ( the excel spreadsheet is not included)
Date Submitted: 09/09/2006 23:34:40
Category: / Science & Technology / Transportation
Length: 1 pages (385 words)
Category: / Science & Technology / Transportation
Length: 1 pages (385 words)
Regression Analysis Paper
Introduction
This paper, will detail a research problem, show a regression analysis, interpret the results, state the limits of the results, and describe the significance of this analysis to the organization.
Describe selected research problem
Bio silk is a spa that services the Houston area. The Bio silk Spa features quality products made by Farouk Systems, Inc. They advertise extensively on radio and Television emphasizing high-end quality services. The owner would like …
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…values +1.00 and -1.00 when divided by
(N-1).
Describe the significance of this analysis to the organization
The implication is that the amount money spent on advertising is correlated to the amount of revenue gained. As the amount of money spent on advertising increases the amount of revenue increases. Farouk, the owner of Bio Silk, was able to cost justify a increase of advertising with Fox News based on the trend line of the regression
analysis.
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