a researcher builds a statistical model to determine the weekly revenue from advertising spending. Use the model y= 302 + 2,6x to estimate the weekly revenue if $150.00 is spent on advertising.

Answer 1

To estimate the weekly revenue if $150.00 is spent on advertising using the model y= 302 + 2.6x, we substitute x=150 into the equation:

y= 302 + 2.6(150)
y= 302 + 390
y= 692

Therefore, the estimated weekly revenue when $150.00 is spent on advertising is $692.