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Tim Zhang, market analyst for City National Bank, is analyzing the relation between heavy metal DVD sales and the size of the teenage population. He

Tim Zhang, market analyst for City National Bank, is analyzing the relation between heavy metal DVD sales and the size of the teenage population. He gathers data from six sales districts. Tim's dependent variable is annual heavy metal DVD sales (in $1,000,000's), and his independent variable is teenage population (in 1,000's). Regression analysis of the data yielded the following tables.

Coefficients

Standard Error

tStatistic

p-value

Intercept

-0.14156

0.292143

-0.48455

0.653331

x

0.105195

0.013231

7.950352

0.001356

Source

df

SS

MS

F

s.e. = 0.237

Regression

1

3.550325

3.550325

63.20809

r2= 0.940483

Residual

4

0.224675

0.056169

Total

5

3.775

For a sales district with 20,000 teenagers, Tim's model predicts annual DVD sales of________________.

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