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Business, 27.03.2020 00:04 miagirl0311

The manufacturer of a light fixture believes that the dollars spent on advertising, the price of the fixture and the number of retail stores selling the fixture in a particular month influence the light fixture sales. The manufacturer randomly selects 10 months and performs a regression analysis - part of the output appears below. The sales are in thousands of units per month, the advertising is given in hundreds of dollars per month, the price is the unit retail price in a given month. What is the best interpretation of the coefficient of advertising?

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The manufacturer of a light fixture believes that the dollars spent on advertising, the price of the...

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