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A Fitted Regression Profit = -570 + 30 Sales (All

Question 108

Multiple Choice

A fitted regression Profit = -570 + 30 Sales (all variables in thousands of dollars) was estimated from a random sample of 20 pharmacies. For a pharmacy with Sales = 10, we predict that Profit will be:


A) 3570.
B) 2430.
C) -270.
D) 870.

Correct Answer:

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