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. The goal of regression analysis is to determine the values of parameters for a function that cause the function to best fit a set of data observations. Describe selected research problem. VMI is a custom architectural millwork company located in Charlotte, North Carolina that …

…amount of money spent on advertising is positively correlated to the amount of revenue gained. As the amount of money spent on advertising increases the amount of revenue increases. If presented to the ownership group they would be able to validate an increase in advertising with radio and print based on the trend line of this regression analysis. I guess the ole' saying is true, "you have to spend a little to make a little."