A Regression Analysis Between Sales (In $)And Advertising (In $)Resulted $\hat { y } = 60 + 5 x$

True/False

A regression analysis between sales (in $)and advertising (in $)resulted in the following least squares line: $\hat { y } = 60 + 5 x$ .This implies that an increase of $1 in advertising is associated with an increase of $60 in sales.