Regression Analysis Paper Introduction This paper, will detail a research problem, show a regression analysis, interpret the results, state the limits of the results, and describe the significance of this analysis to the organization. Describe selected research problem Bio silk is a spa that services the Houston area. The Bio silk Spa features quality products made by Farouk Systems, Inc. They advertise extensively on radio and Television emphasizing high-end quality services. The owner would like …
showed first 75 words of 385 total

showed last 75 words of 385 total
…values +1.00 and -1.00 when divided by (N-1). Describe the significance of this analysis to the organization The implication is that the amount money spent on advertising is correlated to the amount of revenue gained. As the amount of money spent on advertising increases the amount of revenue increases. Farouk, the owner of Bio Silk, was able to cost justify a increase of advertising with Fox News based on the trend line of the regression analysis.