Multiple Choice
A regression analysis between sales (in $1000) and advertising (in $100) resulted in the following least squares line: = 75 +6x.This implies that if advertising is $800,then the predicted amount of sales (in dollars) is:
A) $4875.
B) $123,000.
C) $487,500.
D) $12,300.
Correct Answer:

Verified
Correct Answer:
Verified
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