A regression analysis between sales, in $1,000, and advertising, in $100, resulted in the following least squares line

35) A regression analysis between sales, in $1,000, and advertising, in $100, resulted in the following least squares line: Sales' = 75 + 6*(Advertising). This implies that if advertising is $800, sales will be
A. $123,000.
B. $487,500.
C. $4,875.
D. $12,300.
Download 2 Sets of Final Exams : click HERE

RES 342 RES342 Final Exam

regression analysis between sales, in $1,000, and advertising, in $100, resulted in the following least squares line

35) A regression analysis between sales, in $1,000, and advertising, in $100, resulted in the following least squares line: Sales' = 75 + 6*(Advertising). This implies that if advertising is $800, sales will be
A. $123,000.
B. $487,500.
C. $4,875.
D. $12,300.
Download 2 Sets of Final Exams : click HERE

RES 342 RES342 Final Exam