A regression analysis between sales (in $1000)and advertising (in $100)resulted in the following least squares line: . 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

Question

A regression analysis between sales (in $1000)and advertising (in $100)resulted in the following least squares line:  . 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

Quizplus · Accepted Answer

The Answer of A regression analysis between sales (in $1000)and advertising (in $100)resulted in the following least squares line:  . 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

A Regression Analysis Between Sales (In $1000)and Advertising (In $100)resulted