Multiple Choice
Based on the regression model, ^ ^ If Y = 50 + 25X, where Y = estimated sales level X = advertising 1-the actual sales level, when X = 2, is 100. 2-when X = 3, the estimated sales level is 125. 3-when X = 3, the estimated sales level is 175. 4-when X = 3, the actual sales level is 125.
A) 1
B) 2
C) 3
D) 4
E) 1 and 4
Correct Answer:

Verified
Correct Answer:
Verified
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