The trend line is y = 2.53x + 43. Predict the revenue generated if a company invests $200 in advertising

Answer 1

To predict the revenue generated if a company invests $200 in advertising, we can substitute x = 200 into the equation y = 2.53x + 43:

y = 2.53(200) + 43
y = 506 + 43
y = 549

Therefore, if the company invests $200 in advertising, the predicted revenue generated would be $549.