Question

A graph titled Monthly Sales and Advertising Costs has Advertising Costs (1,000 dollars) on the x-axis and sales (1,000 dollars) on the y-axis. A line goes through points (6.4, 117) and (6.6, 120). The slope of the trend line is 15. What does that mean in regard to the data of the scatterplot? Check all that apply. The slope represents the rate of change of the data. Advertising costs increase $15,000 as sales increase by $1,000. Sales increase $15,000 as ads increase by $1,000. A positive slope infers a negative correlation. A positive slope infers a positive correlation.

Answer 1

Answer: The awnser is A,C,E

I just did it and got it right

Answer 2

The data in the scatterplot on monthly sales and advertising costs, show that:

• The slope represents the rate of change of the data.
• Sales increase $15,000 as ads increase by $1,000.
• A positive slope infers a positive correlation.

What can be inferred from the graph on Monthly sales?

In a linear model, the slope is used to depict the change in the value of y as a result of a change in x. If this slope is positive, then there is a positive relationship between the y and x values.

In this scenario, the slope is positive which shows that there is a positive relationship between sales and advertisements such that they both increase together.

Find out more on linear model slopes at https://brainly.com/question/14035784.

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