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Mathematics, 14.03.2020 02:58 maddy3lizabeth

Regression analysis was applied between sales (in $1,000) and advertising (in $100), and the following regression function was obtained. = 80 + 6.2 x Based on the above estimated regression line, if advertising is $10,000, then the point estimate for sales (in dollars) is a. $62,080b. $142,000c. $700d. $700,000

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Regression analysis was applied between sales (in $1,000) and advertising (in $100), and the followi...

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