Wednesday
August 27, 2014

Homework Help: statistics

Posted by Danny on Tuesday, August 18, 2009 at 1:14pm.

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

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