Guest Session: 1 Question Remaining. Create Account to save progress.
Login
Linear Modelingmedium
0:00.0

A regression model for internet advertising revenue has the equation: ln⁡(Revenue)=4.0+0.06⋅Ad Impressions\ln(\text{Revenue}) = 4.0 + 0.06 \cdot \text{Ad Impressions}ln(Revenue)=4.0+0.06⋅Ad Impressions. Interpret the slope: When ad impressions increase by 1 million, revenue changes by approximately what amount?