Question

In: Accounting

You must fill out the table below, then you must find the values for a, b1...

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

Solutions

Expert Solution



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