A regression analysis between sales (y in $ 1000) and advertising (x in $100) resulted in the following estimated regression = equation: 45.4 + 12.8x Based on the above equation, if advertising is $5,029, then the estimated value for sales is Your Answer:
A regression analysis between sales (y in $ 1000) and advertising (x in $100) resulted in the following estimated regression = equation: 45.4 + 12.8x Based on the above equation, if advertising is $5,029, then the estimated value for sales is Your Answer:
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 15HP
Question
![A regression analysis between sales (y in $
1000) and advertising (x in $100) resulted
in the following estimated regression
=
equation: 45.4 + 12.8x Based on the
above equation, if advertising is $5,029,
then the estimated value for sales is
Your Answer:](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd02d0563-2dbb-4094-b7a6-443c01ff7207%2Fa79e8779-7016-42fb-9891-4f846ddb898d%2F4w2xz7_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A regression analysis between sales (y in $
1000) and advertising (x in $100) resulted
in the following estimated regression
=
equation: 45.4 + 12.8x Based on the
above equation, if advertising is $5,029,
then the estimated value for sales is
Your Answer:
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