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Write the Best-Fit Linear Model for the Data y=55.8+2.79x\mathrm { y } = 55.8 + 2.79 \mathrm { x }

Question 106

Multiple Choice

Write the best-fit linear model for the data.
-The paired data below consist of the costs of advertising (in thousands of dollars) and the number of products sold (in thousands) . The linear model for this data is y=55.8+2.79x\mathrm { y } = 55.8 + 2.79 \mathrm { x } , where x\mathrm { x } is the cost of advertising (in thousands of dollars) and yy is number of products sold (in thousands) . Use this model to predict the number of products sold (in thousands) if the cost of advertising is $8000\$ 8000 .
 Cost 923425910 Number 8552556867868373\begin{array} { c | r r r r r r r r } \text { Cost } & 9 & 2 & 3 & 4 & 2 & 5 & 9 & 10 \\\hline \text { Number } & 85 & 52 & 55 & 68 & 67 & 86 & 83 & 73\end{array}


A) 22,375,800 products sold
B) 75,120 products sold
C) 78,120 products sold
D) 84,820 products sold

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