The director of marketing at a large company wants to determine if the amount of money spent on internet marketing is a good predictor of company profit. she fits a least-squares regression line to 20 months of data and computes the following regression line:

profit = 372.6 + 17.2(advertising dollars)

what is the value of the residual for advertising dollars spent equal to $1,020 and profit equal to $17,500? round to the nearest integer.

Identify the statement below as either descriptive or inferential statistics. upper a certain website sold an average of 117 books per day last week. is the statement an example of descriptive or inferential statistics? a. it is an example of descriptive statistics because it uses a sample to make a claim about a population. b. it is an example of inferential statistics because it uses a sample to make a claim about a population. c. it is an example of inferential statistics because it summarizes the information in a sample. d. it is an example of descriptive statistics because it summarizes the information in a sample.