Alan Bissell, a Market Analyst for City Sound Online Mart

Multiple Choice

Alan Bissell, a market analyst for City Sound Online Mart, is analyzing sales from heavy metal song downloads.Alan's dependent variable is annual heavy metal song download sales (in $1,000,000's) , and his independent variables are website visitors (in 1,000's) and type of download format requested (0 = MP3, 1 = other) .Regression analysis of the data yielded the following tables. $$\begin{array} { | c | c | c | c | c | } \hline & \text { Coefficients } & \text { Standard Error } & t \text { Statistic } & p \text {-value } \\\hline \text { Iritercept } & 1.7 & 0.384212 & 4.424638 & 0.00166 \\\hline x _ { 1 } \text { (websitevisitors) } & 0.04 & 0.014029 & 2.851146 & 0.019054 \\\hline x _ { 2 } \text { (download format) } & - 1.5666667 & 0.20518 & - 7.63558 & 3.21 E - 05 \\\hline\end{array}$$ For the same number of website visitors, what is difference between the predicted sales for MP3 versus 'other' heavy metal song downloads

A) $1,566,666 higher sales for 'other' formats
B) the same sales for both formats
C) $1,566,666 lower sales for the 'other' format
D) $1,700,000 higher sales for the MP3 format
E) $ 1,700,000 lower sales for the 'other' format