Brian just started using a budget. he proudly tells friends that his budget him know where his money is being spent. it allows him to spend some money on entertainment with the peace of mind that he will be able to pay the rent, and even gives him more money each month. evaluate brian's understanding of budgeting.
select the best answer from the choices provided.
brian has no understanding of budgeting. each of his statements is incorrect.
brian has a limited understanding of budgeting. a budget will give him more money each month, but it will not him keep track of his spending.
brian has some understanding of budgeting. however, a budget does not create more money each month. it just him use his money better.
brian has a good understanding of budgeting. each of his statements is correct.

Companies in the u.s. car rental market vary greatly in terms of the size of the fleet, the number of locations, and annual revenue. in 2011 hertz had 320,000 cars in service and annual revenue of approximately $4.2 billion. the following data show the number of cars in service (1000s) and the annual revenue ($ millions) for six smaller car rental companies (auto rental news website, august 7, 2012). excel file: data14-09.xls if required, enter negative values as negative numbers. a. select a scatter diagram with the number of cars in service as the independent variable. b. what does the scatter diagram developed in part (a) indicate about the relationship between the two variables? c. use the least squares method to develop the estimated regression equation (to 3 decimals). ŷ = + x d. for every additional car placed in service, estimate how much annual revenue will change. by $ e. fox rent a car has 11,000 cars in service. use the estimated regression equation developed in part (c) to predict annual revenue for fox rent a car. round your answer to nearest whole value. $ million hide feedback partially correct