Regression analysis was applied between sales (Y) and advertising (X) in a company selling computers. the following regression model was obtained: Y = 5000+7.25 X If advertisement = 2500, then what will be the predicted value of sales? Select one: O A. 41250 O B. 26750 O C. 23125 O D, None of these

Regression analysis was applied between sales (Y) and advertising (X) in a company selling computers. the following regression model was obtained: Y = 5000+7.25 X If advertisement = 2500, then what will be the predicted value of sales? Select one: O A. 41250 O B. 26750 O C. 23125 O D, None of these

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Description: I need the answer quickly Regression analysis was applied between sales (Y) and advertising (X) in a company selling computers. thefollowing regression model was obtained:Y = 5000+7.25 XIf advertisement = 2500, then what will be the predicted value o

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter4: Linear Functions

Section: Chapter Questions

Problem 42RE: For the following exercises, consider this scenario: The population of a city increased steadily...

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