Data Were Collected on Monthly Sales Revenues (In $1,000s) and Monthly

Multiple Choice

Data were collected on monthly sales revenues (in $1,000s) and monthly advertising expenditures ($100s) for a sample of drug stores.The regression line relating revenues (Y) to advertising expenditure (X) is estimated to be
) The predicted sales revenue for a month in which $1,000 was spent on advertising is ______________ .

A) $50,000
B) $851.70
C) $8,951.70
D) $41,700
E) $90,000