A regression analysis between sales (in $1000) and advertising (in $) yielded the least squares line = 80 000 + 5x. This implies that an: $\begin{array}{|l|l|}
\hline A&\text {increase of $ \$ 1 $ in advertising is expected to result in an increase of $ \$ 5 $ in sales. }\
\hline B&\text { increase $ \$ 5 $ in advertising is expected to result in an increase of $ \$ 5000 $ in sales.}\
\hline C&\text { increase of $ \$ 1 $ in advertising is expected to result in an increase of $ \$ 80005 $ in sales. }\
\hline D&\text {increase of $ \$ 1 $ in advertising is expected to result in an increase of $ \$ 5000 $ in sales. }\
\hline
\end{array}$

Question

A regression analysis between sales (in $1000) and advertising (in $) yielded the least squares line  = 80 000 + 5x. This implies that an: $\begin{array}{|l|l|}
\hline A&\text {increase of $ \$ 1 $ in advertising is expected to result in an increase of $ \$ 5 $ in sales. }\
\hline B&\text {  increase $ \$ 5 $ in advertising is expected to result in an increase of $ \$ 5000 $ in sales.}\
\hline C&\text { increase of $ \$ 1 $ in advertising is expected to result in an increase of $ \$ 80005 $ in sales. }\
\hline D&\text {increase of $ \$ 1 $ in advertising is expected to result in an increase of $ \$ 5000 $ in sales. }\
\hline 
\end{array}$

Quizplus · Accepted Answer

The Answer of A regression analysis between sales (in $1000) and advertising (in $) yielded the least squares line  = 80 000 + 5x. This implies that an: $\begin{array}{|l|l|}
\hline A&\text {increase of $ \$ 1 $ in advertising is expected to result in an increase of $ \$ 5 $ in sales. }\
\hline B&\text {  increase $ \$ 5 $ in advertising is expected to result in an increase of $ \$ 5000 $ in sales.}\
\hline C&\text { increase of $ \$ 1 $ in advertising is expected to result in an increase of $ \$ 80005 $ in sales. }\
\hline D&\text {increase of $ \$ 1 $ in advertising is expected to result in an increase of $ \$ 5000 $ in sales. }\
\hline 
\end{array}$

A Regression Analysis Between Sales (In $1000) and Advertising (In