Question

what does a positive correlation tell you about the graph that compares advertising costs and sales. would the owners of the company be happier if the slope was steeper or flatter? explain.

Explanation:

A positive correlation means that as advertising costs increase, sales also increase. A steeper slope indicates a stronger positive relationship. So, for the company owners, a steeper slope would mean that for each unit increase in advertising cost, there is a larger increase in sales.

Answer:

A positive correlation means that as advertising costs go up, sales go up. The owners would be happier with a steeper slope. Because a steeper slope implies that for every additional dollar spent on advertising, the increase in sales is larger.