Alan Nip, Market Analyst for Clear Sound Mart, Is Analyzing

Multiple Choice

Alan Nip, market analyst for Clear Sound Mart, is analyzing the relation between heavy metal CD sales and the size of the teenage population.He gathers data from six sales districts.Alan's dependent variable is annual heavy metal CD sales (in $1,000,000's) , and his independent variable is teenage population (in 1,000's) .Regression analysis of the data yielded the following tables: For a sales district with 20,000 teenagers, Alan's model predicts annual CD sales of ___.

A) $1,947.08
B) $2,104.04
C) $2,103,900
D) $1,962,340
E) $2,908,089