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escoba escoba
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7 years ago
Regression analysis was applied between sales (in 1000) and advertising (in 100) and the following regression function was obtained. y = 500 + 4x Based on the above estimated regression line, if advertising is 10,000, then the point estimate for sales (in dollars) is
 a. 900.
  b. 900,000.
  c. 40,500.
  d. 505,000.
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sophiakhalid12sophiakhalid12
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7 years ago
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escoba Author
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7 years ago
Brilliant ツ
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Smart ... Thanks!
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