Multiple Choice
Alan Ho, a market analyst for Clear Sound Inc., is analyzing sales of heavy metal CD's.Alan's dependent variable is annual heavy metal CD sales (in $1,000,000's) , and his independent variables are teenage population (in 1,000's) and type of sales district (0 = urban, 1 = rural) .Regression analysis of the data yielded the following tables: For an urban sales district with 10,000 teenagers, Alan's model predicts annual sales of heavy metal CD sales of ___.
A) $2,100,000
B) $524,507
C) $533,333
D) $729,683
E) $21,000,000
Correct Answer:

Verified
Correct Answer:
Verified
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