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Kim K. asks you to develop a demand forecast for her perfume line. Using the data provided, you find a regression model, y=43.36x1+4.00x2, with the

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Kim K. asks you to develop a demand forecast for her perfume line. Using the data provided, you find a regression model, y=43.36x1+4.00x2, with the undernoted parameters. Parameters: R2=0.88 Sig of F:0.04 p-value of x1=0.05 p-value of x2=0.04 x1 denotes Selling price x2 denotes Advertising y denotes Demand Kim asks you the following question - please answer her. Would an unit increase in advertising (x2) result in an increase of at least 3 units in Demand (y), on average, while keeping selling price unchanged? a. Yes b. No c. Cannot say

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