A regress analysis between sales (Y in $1000) and advertisting (X in dollars) resulted in the following equation
^Y = 30,000 + 4 X
The above equation implies that an
A) increase of $4 in advertising is associated with an increase of $4,000 in sales.
B) increase of $1 in advertising is associated with an increase of $4 in sales.
C) increase of $1 in advertising is associated with an increase of $34,000 in sales.
D) increase of $1 in advertising is associated with an increase of $4,000 in sales.

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Answers

2014-04-05T13:34:43+05:30
I think c is the true
thank you

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