Regression analysis was applied between sales (in $1000) and advertising (in $100) and the following regression function was obtained. = 500 + 4x Based on the above estimated regression line if advertising is $10,000, the point estimate for sales (in dollars) is

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Regression analysis was applied between sales (in $1000) and advertising (in $100) and the following regression function was obtained.  = 500 + 4x Based on the above estimated regression line if advertising is $10,000, the point estimate for sales (in dollars) is

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The Answer of Regression analysis was applied between sales (in $1000) and advertising (in $100) and the following regression function was obtained.  = 500 + 4x Based on the above estimated regression line if advertising is $10,000, the point estimate for sales (in dollars) is

Regression Analysis Was Applied Between Sales (In $1000) and Advertising