Regression analysis was applied between sales (in $1,000) and advertising (in $100), and the following regression function was obtained. = 80 + 6.2x Based on the above estimated regression line, if advertising is $10,000, then the point estimate for sales (in dollars) is

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Regression analysis was applied between sales (in $1,000) and advertising (in $100), and the following regression function was obtained.  = 80 + 6.2x Based on the above estimated regression line, if advertising is $10,000, then the point estimate for sales (in dollars) is

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The Answer of Regression analysis was applied between sales (in $1,000) and advertising (in $100), and the following regression function was obtained.  = 80 + 6.2x Based on the above estimated regression line, if advertising is $10,000, then the point estimate for sales (in dollars) is

Regression Analysis Was Applied Between Sales (In $1,000) and Advertising