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Science-Related Homework Help Statistics and Probability Topic started by: SnowQueen on Jan 26, 2018



Title: Regression analysis was applied between sales (in 10,000) and advertising (in 100) and the following ...
Post by: SnowQueen on Jan 26, 2018
Regression analysis was applied between sales (in 10,000) and advertising (in 100) and the following regression function was obtained. y = 50 + 8x Based on the above estimated regression line, if advertising is 1000, then the point estimate for sales (in dollars) is
 a. 8050.
  b. 130.
  c. 130,000.
  d. 1,300,000.


Title: Regression analysis was applied between sales (in 10,000) and advertising (in 100) and the following ...
Post by: scates8 on Jan 26, 2018
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