A Regression Analysis Between Sales (In $1000)and Advertising (In $100)resulted $\hat { y } = 77 + 8 x$

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A regression analysis between sales (in $1000)and advertising (in $100)resulted in the following least squares line: $\hat { y } = 77 + 8 x$ .This implies that if advertising is $600,then the predicted amount of sales (in dollars)is $125,000.