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Given the following regression equation: profit = $20,000 + $45advertising expenditure, we could conclude Multiple select question. if nothing is spent on advertising there will
Given the following regression equation: profit = $20,000 + $45advertising expenditure, we could conclude Multiple select question. if nothing is spent on advertising there will be no sales if nothing is spent on advertising the average profit will be $20,000 for each one unit increase in advertising expenditures we see a $45 increase in profit for each one unit decrease in advertising expenditures we see a $45 increase in profit
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