A regression analysis between y (sales in PHP1,000) and x (advertising in PHP1,000) resulted in the following least squares line: y = 80 + 5x. is implies that: O As advertising increases by PHP5, sales increases by PHP80 O Company has to stop advertising. O As advertising increases by PHP1,000, sales increases by PHP5,000 O As advertising increases by PHP1,000, sales increases by PHP5,080 O As advertising increases by PHP1,000, sales increases by PHP80,000

Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
Section: Chapter Questions
Problem R1RQ: What is the difference between a host and an end system? List several different types of end...
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A regression analysis between y (sales in PHP1,000) and x (advertising in PHP1,000) resulted in the following least squares line: y = 80 + 5x.
is implies that:
O As advertising increases by PHP5, sales increases by PHP80
O Company has to stop advertising.
O As advertising increases by PHP1,000, sales increases by PHP5,000
O As advertising increases by PHP1,000, sales increases by PHP5,080
O As advertising increases by PHP1,000, sales increases by PHP80,000
Transcribed Image Text:A regression analysis between y (sales in PHP1,000) and x (advertising in PHP1,000) resulted in the following least squares line: y = 80 + 5x. is implies that: O As advertising increases by PHP5, sales increases by PHP80 O Company has to stop advertising. O As advertising increases by PHP1,000, sales increases by PHP5,000 O As advertising increases by PHP1,000, sales increases by PHP5,080 O As advertising increases by PHP1,000, sales increases by PHP80,000
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