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Home Q & A Board Science-Related Homework Help Mathematics
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sdaggy1 sdaggy1
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6 years ago
A regression analysis between sales (y in 1000) and advertising (x in dollars) resulted in the following equation: y= 50,000 + 6x The above equation implies that an increase of _____.
 a. 6 in advertising is associated with an increase of 6,000 in sales
  b. 1 in advertising is associated with an increase of 6 in sales
  c. 1 in advertising is associated with an increase of 56,000 in sales
  d. 1 in advertising is associated with an increase of 6,000 in sales
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#1
6 years ago
d
sdaggy1 Author
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#2
6 years ago
Happy Dummy
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