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A Regression Analysis Between Sales (In $1000) and Advertising (In

Question 160

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A regression analysis between sales (in $1000) and advertising (in $) yielded the least squares line A regression analysis between sales (in $1000)  and advertising (in $)  yielded the least squares line    = 80 000 + 5x. This implies that an: A)  increase of $1 in advertising is expected to result in an increase of $5 in sales. B)  increase $5 in advertising is expected to result in an increase of $5000 in sales. C)  increase of $1 in advertising is expected to result in an increase of $80 005 in sales. D)  increase of $1 in advertising is expected to result in an increase of $5000 in sales.
= 80 000 + 5x. This implies that an:


A) increase of $1 in advertising is expected to result in an increase of $5 in sales.
B) increase $5 in advertising is expected to result in an increase of $5000 in sales.
C) increase of $1 in advertising is expected to result in an increase of $80 005 in sales.
D) increase of $1 in advertising is expected to result in an increase of $5000 in sales.

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