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ID number:500033
 
Evaluation:
Published: 26.01.2005.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

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.

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