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Smiths Appliances is evaluating its advertising budget. Theowner is trying to de

Smiths Appliances is evaluating its advertising budget. Theowner is trying to decide if the budget needs to be altered or not.The question: Is there a positive return on the investment that isbeing made in advertising? What is the relationship between salesand the amount spent on advertising? The owner collected data forthe past year by month. The data is in millions of dollars. MonthAdvertising Expense Sales Revenue January 2 4 February 3 5 March 36 April 5 8 May 6 8 June 4 7 July 5 7 August 6 8 September 7 9October 8 10 November 10 13 December 9 11 Is there a relationshipbetween the two variables? What is the coefficient of correlationfor this data? A. No 0.457 B. Yes 0.961 C. Yes 0.980 D. Yes0.892

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