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Statistics Minitab complete homework Solution
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  1. This problem is to be solved using Minitab.  Below are the results of an annual survey conducted by Video Board Tests, Inc., a New York ad-testing company, based on interviews with adults who were asked to name the most outstanding TV commercial they had seen, noticed, and liked. These retained impressions are listed along with company name and TV ad expenditures.  We would be interested in determining if the number of retained impressions is linearly related to the advertising expenditures (i.e. the more spent on advertising, the higher the number of retained impressions)

Variables: 

 

FIRM: Firm name

SPEND: TV advertising budget, 1983 ($ millions)

MILIMP: Millions of retained impressions per week

 

 

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SPEND   

MILIMP

MILLER LITE

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PEPSI                   

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FED'L EXPRESS   

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BURGER KING      

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COCO-COLA         

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MC DONALD'S             

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DIET COLA

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BUD LITE

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CALVIN KLEIN                 

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MEOW MIX

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OSCAR MEYER        

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KIBBLES 'N BITS       

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