A regression analysis between sales (in $1000) and advertising (in $100) resulted in the following least squares line: = 75 +6x. This implies that if advertising is $800, then the predicted amount of sales (in dollars) is:
A) $4875
B) $123,000
C) $487,500
D) $12,300
E) $79,800

Question

A regression analysis between sales (in $1000) and advertising (in $100) resulted in the following least squares line:  = 75 +6x. This implies that if advertising is $800, then the predicted amount of sales (in dollars) is:
A) $4875 
B) $123,000 
C) $487,500 
D) $12,300 
E) $79,800

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The Answer of A regression analysis between sales (in $1000) and advertising (in $100) resulted in the following least squares line:  = 75 +6x. This implies that if advertising is $800, then the predicted amount of sales (in dollars) is:
A) $4875 
B) $123,000 
C) $487,500 
D) $12,300 
E) $79,800

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