A company that relies on Internet-based advertising linked to key age demographi

Question

A company that relies on Internet-based advertising linked to key age demographics wants to understand the relationship between the amount it spends on this advertising and revenue (in S). Complete parts a through c below. a) Which variable is the explanatory or predictor variable? A. Since the company wants to predict advertising expenditure from revenue, the explanatory variable is revenue. O B Since the company wants to predict revenue rom advertising expenditure the e ana ory variable is evenue. ?C. Since he company wants o predic advertising expenditure rom revenue the explana or variable S dver ng expenditure. D. Since the company wants to predict revenue from advertising expenditure, the explanatory variable is advertising expenditure. b) Which variable is the response variable? A. Since the company wants to predict revenue from advertising expenditure, the response variable is advertising expenditure. B. Since the company wants to predict revenue from advertising expenditure, the response variable is revenue. ° C. Since the company wants to predict advertising expenditure from revenue, the response variable is revenue. 0 D. Since the company wants to predict advertising expenditure from revenue, the response variable is advertising expenditure. c) Which variable would you plot on the x-axis? OA. Since advertising expenditure is the response variable, it should be plotted on the x-axis. O B. Since revenue is the explanatory variable, it should be plotted on the x-axis. O C. Since advertising expenditure is the explanatory variable, it should be plotted on the x-axis. O D. Since revenue is the response variable, it should be plotted on the x-axis. Click to select your answer and then click Check Answer.

Explanation / Answer

(C) Which variable would you plot on the x-axis?

Correct option (C)

Since advertising expenditure is is the explanatory variable , it should be plotted on the X-axis.

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