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Regression was used to estimate sales revenue ($/week) from number of customers: You are given the following linear relationship: Estimated Sales Revenue = 30+78 Customers

Regression was used to estimate sales revenue ($/week) from number of customers: You are given the following linear relationship:

Estimated Sales Revenue = 30+78 Customers

Which of the following is the correct interpretation of the slope?

  1. Estimate sales revenue increases by an average $108, for each extra customer.
  2. Estimate sales revenue increases by an average $78, for each extra customer.
  3. Estimate sales revenue increases by an average of $30, for each extra customer.
  4. Estimate sales revenue decreases by an average of $30, for each extra customer.
  5. Estimate sales revenue decreases by an average $78, for each extra customer.

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