Multiple Choice
A regression analysis between sales (in $1000) and advertising (in $100) yielded the least squares line
= 75 +6x. This implies that if $800 is spent on advertising, then the predicted amount of sales (in dollars) is:
A) $4875.
B) $123 000.
C) $487 500.
D) $12 300.
Correct Answer:

Verified
Correct Answer:
Verified
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