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Suppose we have the following multiple linear regression model. The variables Online ad budget and Print ad budget are both given in dollars. Predicted number
Suppose we have the following multiple linear regression model. The variables Online ad budget and Print ad budget are both given in dollars. Predicted number of units sold = 2000 + 1.6*(Online ad budget) + 1.3*(Print ad budget) When the online ad budget equals $3000, and the print ad budget equals $2000, then the predicted number of units sold equals _______ . Question 5 options: 7400 9400 16500 None of the above / not enough information
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