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Mathematics, 10.03.2020 20:37 Naara21
Regression analysis was applied between $ sales (y) and $ advertising (x) across all the branches of a major international corporation. The following regression function was obtained. y= 5000 + 7.25xIf the advertising budgets of two branches of the corporation differ by $30,000, then what will be the predicted difference in their sales?a. $217,500b. $222,500c. $5000d. $7.25
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Regression analysis was applied between $ sales (y) and $ advertising (x) across all the branches of...
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