a9nny6Pmamariter
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  • 15-10-2016
  • Mathematics
contestada

Would the owners of the company be happier if the slope was steeper or flatter?

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rgio38helpme rgio38helpme
  • 15-10-2016
Steeper is better than flatter

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askryan557 askryan557
  • 22-05-2020

Answer:

A positive correlation means that as advertising costs increase, sales also increase. If the slope of the trend line was steeper, the sales would increase more for each increase in advertising. Therefore, it would be to the company owner’s benefit for the slope of the trend line to be steeper.

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