, and compare it to the revenue generated, y
, for January to December of the campaign. You find the equation of the trend line to be y=2.53x+43
. Predict the revenue generated if your company invests $200.00 in advertising. Write the revenue in dollars and cents.(1 point)
The revenue generated for a $200.00 investment in advertising is $
.
1 answer
To predict the revenue generated from a $200.00 investment in advertising using the equation of the trend line \( y = 2.53x + 43 \), you can substitute \( x = 200 \) into the equation.
\[ y = 2.53(200) + 43 \] \[ y = 506 + 43 \] \[ y = 549 \]
Therefore, the revenue generated for a $200.00 investment in advertising is $549.00.
