Alan Bissell, a market analyst for City Sound Online Mart, is analyzing sales from heavy metal song downloads.Alan's dependent variable is annual heavy metal song download sales (in $1,000,000's) , and his independent variables are website visitors (in 1,000's) and type of download format requested (0 = MP3, 1 = other) .Regression analysis of the data yielded the following tables. For the same number of website visitors, what is difference between the predicted sales for MP3 versus 'other' heavy metal song downloads
A) $1,566,666 higher sales for 'other' formats
B) the same sales for both formats
C) $1,566,666 lower sales for the 'other' format
D) $1,700,000 higher sales for the MP3 format
E) $ 1,700,000 lower sales for the 'other' format
Correct Answer:
Verified
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