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SnowQueen SnowQueen
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Posts: 777
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6 years ago
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.
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scates8scates8
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6 years ago
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SnowQueen Author
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6 years ago
Just got PERFECT on my quiz
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Thanks for your help!!
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