Regression Analysis Was Applied Between Sales in $10,000) and Advertising $\hat { Y }$

Multiple Choice

Regression analysis was applied between sales in $10,000) and advertising in $100) and the following regression function was obtained. = 50 + 8 X
$\hat { Y }$ Based on the above estimated regression line if advertising is $1,000, then the point estimate for sales in dollars) is

A) $8,050
B) $130
C) $130,000
D) $1,300,000