Based on the regression model, ^ ^ If Y = 50 + 25X, where Y = estimated sales level X = advertising 1-the actual sales level, when X = 2, is 100. 2-when X = 3, the estimated sales level is 125. 3-when X = 3, the estimated sales level is 175. 4-when X = 3, the actual sales level is 125.
A)1
B)2
C)3
D)4
E)1 and 4

Question

Quizplus · Accepted Answer

The Answer of Based on the regression model, ^ ^ If Y = 50 + 25X, where Y = estimated sales level X = advertising 1-the actual sales level, when X = 2, is 100. 2-when X = 3, the estimated sales level is 125. 3-when X = 3, the estimated sales level is 175. 4-when X = 3, the actual sales level is 125.
A)1
B)2
C)3
D)4
E)1 and 4

Based on the Regression Model, ^ ^ If Y =