High-low method; regression analysis. (CIMA, adapted) Anna Schaub, the financial manager at the Mangiamo restaurant,
High-low method; regression analysis. (CIMA, adapted) Anna Schaub, the financial manager at the Mangiamo restaurant, is checking to see if there is any relationship between newspaper advertising and sales revenues at the restaurant. She obtains the following data for the past 10 months: Month Revenues Advertising Costs March $51,000 $1,500 April 72,000 3,500 May 56,000 1,000 […]