In: Accounting
You must fill out the table below, then you must find the values for a, b1 and b2, finally you must determine how much the profits would be if you invest 10 thousand dollars in advertising and if you increase it to 20 sellers. REMEMBER all the procedures and formulas should appear.
Y |
X1 |
X2 |
1 |
2 |
3 |
4 |
5 |
|
Year |
Sales $ |
promotion |
Sales person |
åX1 Y |
X12 |
X1 X2 |
X2Y |
X22 |
2017 |
18 |
2 |
2 |
|||||
2018 |
23 |
3 |
4 |
|||||
2019 |
50 |
4 |
6 |
|||||
2020 |
79 |
6 |
8 |
|||||
2021 |
82 |
9 |
10 |
|||||
2022 |
100 |
11 |
12 |
|||||
2023 |
130 |
13 |
14 |
|||||
2024 |
190 |
15 |
16 |
|||||
Total |
672 |
63 |
18 |