Selling price and amount spent advertising were entered into a multiple regression to determine what affects flat panel LCD TV sales.Using the output below, estimate the number of units sold on average at a store that sells the Sony Bravia for $2199 and spends 10% of its advertising budget on the product.

A)53.94 units
B)120 units
C)66.54 units
D)90.34 units
E)None of the above.

Question

Selling price and amount spent advertising were entered into a multiple regression to determine what affects flat panel LCD TV sales.Using the output below, estimate the number of units sold on average at a store that sells the Sony Bravia for $2199 and spends 10% of its advertising budget on the product.
Selling price and amount spent advertising were entered into a multiple regression to determine what affects flat panel LCD TV sales.Using the output below, estimate the number of units sold on average at a store that sells the Sony Bravia for $2199 and spends 10% of its advertising budget on the product. A) 53.94 units B) 120 units C) 66.54 units D) 90.34 units E) None of the above.

A)53.94 units 
B)120 units 
C)66.54 units 
D)90.34 units 
E)None of the above.

Quizplus · Accepted Answer

The Answer of Selling price and amount spent advertising were entered into a multiple regression to determine what affects flat panel LCD TV sales.Using the output below, estimate the number of units sold on average at a store that sells the Sony Bravia for $2199 and spends 10% of its advertising budget on the product.

A)53.94 units 
B)120 units 
C)66.54 units 
D)90.34 units 
E)None of the above.

Selling Price and Amount Spent Advertising Were Entered into a Multiple