Question
A regression analysis between sales (in $1000) and advertising (in $100) resulted in the following least squares line: y = 65 +3x. This implies that
A regression analysis between sales (in $1000) and advertising (in $100) resulted in the following least squares line: y = 65 +3x. This implies that if advertising is $800, then the predicted amount of sales (in dollars) is: a. 2465 b. 3065 c. 3420 d. 365
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Accounting For Beginners
Authors: Kokab Rahman
1st Edition
149479294X, 978-1494792947
